Financial Daily Dose 12.10.2020 | Top Story: Federal and State Regulators Sue Facebook over Alleged Antitrust Violations
By EsqSocial Corporation 10/12/20
The long-awaited Facebook antitrust bomb dropped on Wednesday, with the FTC and attorneys general from more than 40 states accusing Zuck & Co. of “buying up its rivals to illegally squash competition” in D.C. federal district court suits that “underscore the growing bipartisan and international tsunami against Big Tech.” The regulators are calling for those deals (think Instagram and WhatsApp, especially) to be unwound....
By: Robins Kaplan LLP