Facebook offered to create competitor to avoid antitrust suit: report - Business Insider

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Facebook reportedly offered to help another company build a rival social network to fight off an antitrust lawsuit

The suits signal a broader effort by the US to strengthen oversight and regulation over Facebook.Facebook may have offered to help competitors build a rival social media company to avoid antitrust allegations.

Facebook had proposed creating license agreements with other companies that would in turn gain access to Facebook's code to more easily create a rival social network. Facebook lawyers reportedly presented the idea to state and federal investigators days before they they filedseeking to break off Instagram and WhatsApp. The suits claim Facebook neutralized competitors before they got big enough to pose a threat to the company's dominance.

 

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The bastard is bluffing!

Nah, I'd rather see him lose his ass and then some. Burn it all down while laughing at him.

And then buy it...

fakecompetition now

More good news please(((

Ahahahahah

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