Facebook's Acquisitions: How It Started, How It's Going #infographic

Facebook's Acquisitions: How It Started, How It's Going #infographic

"The Federal Trade Commission sued Facebook on Wednesday, adding another chapter to the clamp down on "big tech" of the U.S. government, claiming the company is "illegally retaining its personal social networking monopoly through a years-long course of anti-competitive conduct." Following a large investigation in partnership with 46 states, the District of Columbia and Guam, the FTC came to the conclusion

According to a statement by Competition Director Ian Conner of the FTC Bureau, the Commission is aiming to 'delete Facebook's prior acquisitions of Instagram and WhatsApp,' a bold target given that, after an in-depth analysis, the FTC greenlit the Instagram deal in 2012 and that the European Commission found no danger to WhatsApp competition in a similar investigation in 2014.


Infographic by: www.statista.com

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