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US govt sue Facebook for 'monopoly power' | Master Stroke
In a landmark anti-trust action headlined by bipartisan support, the US federal government and 48 states led by the New York Attorney General have sued Facebook in two separate lawsuits, accusing it of abusing its market power to "neutralize" competition and going into "destroy mode" against smaller players.
The case against Facebook was announced on Wednesday by the Federal Trade Commission and New York Attorney General Letitia James.
The case against Facebook was announced on Wednesday by the Federal Trade Commission and New York Attorney General Letitia James.
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Sayantan Ghosh
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