The US sues Facebook and wants them to sell WhatsApp and Instagram
Source: Geeknetic added 13th Dec 2020
by Antonio Delgado 10 / 12 / 2020 1
The US government, together with several states of the American country, has sued Facebook for monopoly and abuse of its dominant position together with anti-competitive behaviors in the digital market that make users unable to enjoy effective competition in the sector.
The lawsuit seeks to get Facebook to get rid of WhatsApp and Instagram
The demands urge the tech giant to get rid of two of its biggest purchases, WhatsApp and Instagram, even if it means the dissolution of the entire company. Recall that Instagram was acquired by Facebook 8 years ago for a price of more than 1. 000 million dollars, followed two years later by the purchase of the popular messaging service Whatsapp by 19. 000 millions.
It is not the first time that these operations have been scrutinized with a magnifying glass by the authorities of different countries, in fact the EU has already imposed a fine of 110 million euros on the company for irregularities in the acquisition of WhatsApp.
If in the trial Facebook is found guilty and is forced to divide, it could spell the end of the technology giant as we know it. These are several parallel lawsuits filed at the same time, a strategy against a company never seen before, which involves more than 40 attorneys general who have signed the complaint.
The FTC also maintains another independent investigation. For its part, Facebook ensures that no one forces users and companies to use its services and that it is a choice for the value of their applications and services and that they will “defend the right of the people to continue making that choice. “
In addition, the company assures that this causes a worrying precedent, since the lawsuit does not mention that the commission itself was the that it authorized those purchases, and that the Government now sends a chilling warning to US companies telling them that no sale is final.
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