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Business report: Facebook lawsuit

New Jersey and dozens of other states have sued Facebook for violating antitrust laws.

12/10/2020

NJ Spotlight News

Business report: Facebook lawsuit

Clip: 12/10/2020 | 2m 39sVideo has Closed Captions

New Jersey and dozens of other states have sued Facebook for violating antitrust laws.

The lawsuit claims Facebook maintained a monopoly in social networking platforms and stifled competition, which enabled it to earn hefty profits. The lawsuit seeks to break apart the company, forcing Facebook to divest some of its assets including Instagram and WhatsApp.

12/10/2020

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