Question
I have some questions regarding the company facebook. 1. If facebook is a monopolist, what is wrong with the situations? Why was facebook accused? 2.
I have some questions regarding the company facebook.
1. If facebook is a monopolist, what is wrong with the situations? Why was facebook accused?
2. How did facebook deal with the accusations, competittion, and criticism?
3. How was the approach of FTC (Federal Trade Commission?) against facebook?
4. Is there any other famous company which was accused as monolory?
Related articles:
Today's real story: The Facebook monopoly
https://techcrunch.com/2021/08/19/todays-real-story-the-facebook-monopoly/
FTC Sues Facebook for Illegal Monopolization
Agency challenges Facebook's multi-year course of unlawful conduct
https://www.ftc.gov/news-events/news/press-releases/2020/12/ftc-sues-facebook-illegal-monopolization
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