A Facebook breakup is 'on the table,' says Letitia James - Business Insider

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Breaking up Facebook is 'on the table,' says Letitia James, the New York attorney general leading the antitrust case against it

, alleging the company has illegally stifled competition to protect its monopoly power. She is leading a bipartisan group of 48 attorneys general from around the country.

Users, she said, have no alternative to Facebook. The company acquired the photo-sharing app Instagram in 2012 and messaging app WhatsApp in 2014. "Facebook used its power to suppress competition so it could take advantage of users and make billions by converting personal data into a cash cow," James said in a December statement.against Google parent company Alphabet for its alleged monopoly. "These companies are not too big to fail or to break up," she told Bloomberg.

In early 2020, Democrats in the US House of Representatives concluded that Facebook, Alphabet, Apple, and Amazon had a. In October last year, the Justice Department introduced an antitrust lawsuit against Alphabet. Google was then the first tech company to see major antitrust action, since the federal government sought to break up Microsoft in the 90s. The action posed a threat to other tech giants such as Facebook, Apple, and Amazon, who could face sweeping changes as a result.

 

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🗣Now do Big Media ⚠️

only Facebook?

Explain exactly how Facebook needs to break up? It's not a monopoly, it's a social media platform, and it's not even the only game in town.

DeleteFacebook

This criminally insane woman would not only like to break Facebook up, she would like to run the country from her own personal fiefdom in New York. Run it into the ground, of course.

But they were such besties during the election?

95% only bad news(

Suckerberg...

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