FTC and 48 State Attorneys General Hit Facebook With Antitrust Lawsuit.

The lawsuits accuse Facebook of wielding monopoly power. A coalition of 48 state attorneys general, led by New York’s Letitia James, announced a new lawsuit against Facebook Wednesday, alleging the company stifles competition to protect its “monopoly power.” The lawsuit comes the same day that the Federal Trade Commission announced … Continue reading FTC and 48 State Attorneys General Hit Facebook With Antitrust Lawsuit.