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Facebook faces antitrust allegations over deals for Instagram & WhatsApp

Facebook faces antitrust allegations over deals for Instagram & WhatsApp

The Federal Trade Commission says Facebook is too powerful. FTC stated Facebook will use its control to damage consumers privacy & limit the consumer’s choices. The asking price is, $1 billion for the cost of Instagram in 2012 & $19 Billion is for the purchase of WhatsApp in 2014. The CEO of Facebook, Mark Zuckerberg said he would battle the government if needed.

Jess
Jess
Bart
Bart 2 months

Nothing will be done, it's all just for show. Waste of taxpayer money.

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