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.