Valin Posted July 5, 2021 Share Posted July 5, 2021 Alpha News The letter cited Facebook’s acquisition of Instagram and WhatsApp as examples of anticompetitive practices. Ailan Evans July 5, 2021 Daily Caller News Foundation) — A group of lawmakers wrote a letter to the Federal Trade Commission (FTC) on Friday urging the agency to continue pursuing action against Facebook. The letter, written by Sens. Mike Lee and Amy Klobuchar and Reps. David Cicilline and Ken Buck, urged the FTC to “consider all available options under the law” when pursuing antitrust action against tech giant Facebook. All four lawmakers hold top positions in congressional antitrust subcommittees. “It is essential that the Commission take action to deter anticompetitive conduct by digital monopolists by ensuring that they are held liable for antitrust violations to the full extent of the law,” the lawmakers wrote. “Competition and innovation in America’s digital economy depend on it.” The FTC is expected to file a new complaint against Facebook, Reuters reported. (Snip) Link to comment Share on other sites More sharing options...
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