FTC Sues Facebook for Illegal Monopolization
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Re: FTC Sues Facebook for Illegal Monopolization
#2Key line:
> The FTC is seeking a permanent injunction in federal court that could, among other things: require divestitures of assets, including Instagram and WhatsApp
Re: FTC Sues Facebook for Illegal Monopolization
#3FB is on a lot of chopping blocks lately it’s hard to keep track. I guess this won’t really help with the Diem
Re: FTC Sues Facebook for Illegal Monopolization
#4Nice! They are also going after API terms of use!
This decade is going to be lit.
Re: FTC Sues Facebook for Illegal Monopolization
#5Key line: > The FTC is seeking a permanent injunction in federal court that could, among other things: require divestitures of assets, including Instagram and WhatsApp
Oh that's awesome. I haven't been able to pry my family away from those two, even though they openly admit that Facebook is evil/sucks.
Re: FTC Sues Facebook for Illegal Monopolization
#6The long promised and teased suit is finally out in the wild.
Interesting that it seems to focus so heavily on acquisitions.
Re: FTC Sues Facebook for Illegal Monopolization
#7I support this, though have low expectations the divestiture will actually happen.
It would be quite the twist though if Kevin Systrom testified for the FTC against FB, though.
Re: FTC Sues Facebook for Illegal Monopolization
#8They were flat out blocking any links to certain competitors.
https://heavy.com/tech/2018/10/facebook-block-minds-com-unse...
Re: FTC Sues Facebook for Illegal Monopolization
#9Key line: > The FTC is seeking a permanent injunction in federal court that could, among other things: require divestitures of assets, including Instagram and WhatsApp
Splitting those two properties off would be fantastic.
I know it's a pipe dream, but an independent Oculus would make me so happy. I suspect this is impossible due to the early nature of the VR market. Maybe just an FTC requirement _not_ to require a FB login?
Re: FTC Sues Facebook for Illegal Monopolization
#10Key line: > The FTC is seeking a permanent injunction in federal court that could, among other things: require divestitures of assets, including Instagram and WhatsApp
From a privacy point of view I agree that it sounds like a good thing and I hope it happens.
From an entrepreneurial point of view I wonder how it will affect the future of big tech players acquiring other companies.