“Facebook has used its dominance and monopoly power to crush smaller rivals and snuff out competition, all at the expense of everyday users”

Taking on the tech oligarchs but is it too late?

In a damning report in October accusing Facebook, Google, Apple and Amazon of abusing their market dominance, House Democrats zeroed in on Facebook’s acquisition strategy. The report quoted messages between Zuckerberg and a top deputy in which they discussed “neutraliz[ing]” a potential competitor as a reason to pursue Instagram.

48 Attorneys General Sue Facebook Alleging Illegal Power Grabs To ‘Neutralize’ Rivals

NPR|1 hour ago The state officials say Facebook’s acquisitions of Whats App and Instagram violated competition laws and served to stifle rivals by giving the social network an unfair advantage.