46 States Filed Class Action Lawsuit Against Facebook Accusing Of Violating Antitrust Laws
One of the top IT monopolies, Facebook faces accusations from 46 states of market abuse and suppression of any competition.
The prosecution is chaired by a committee of attorneys general from California, Colorado, Florida, Iowa, Nebraska, North Carolina, Ohio, Tennessee and the District of Columbia, with New York Attorney General Letitia James.
Only South Dakota, South Carolina, Alabama and Georgia dropped their claims against the IT giant.
With the growing influence on the market of the Internet space, Facebook began to conduct an extremely aggressive policy towards smaller companies, so as not to lose ground in comparison with Google.
At the stage of preparation of the lawsuit, Zuckerberg was accused of buying Watsapp and Instagram. A panel of prosecutors conducted a 20-month investigation into the terms of the deal and concluded that the deal was illegal.
“Almost every state in this nation has joined this bipartisan lawsuit because Facebook’s efforts to dominate the market were as illegal as they were harmful,” New York Attorney General Letitia James said. “Today’s suit should send a clear message to Facebook and every other company that any efforts to stifle competition, reduce innovation, or cut privacy protections will be met with the full force of our offices.”
One of the latest scandals involving Facebook and its owner Mark Zuckerberg was the allegedly gratuitous funding of the Election Commissions in 5 Wisconsin Democratic cities.
Later, almost 100 thousand ballots were illegally filed in these cities.
Facebook commented on the allegations on Twitter.
“We’re reviewing the complaints & will have more to say soon. Years after the FTC cleared our acquisitions, the government now wants a do-over with no regard for the impact that precedent would have on the broader business community or the people who choose our products every day,” the Social Media giant tweeted.
Lawsuits Filed by the FTC and the State Attorneys General Are Revisionist Historyhttps://t.co/DQEr9KKcJu— Facebook Newsroom (@fbnewsroom) December 9, 2020
Image: Licke ; / Flickr