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Facebook just got hit with two big antitrust lawsuits filed on Wednesday by the Federal Trade Commission and 48 state attorneys general.
The lawsuits allege that Facebook used a strategy of neutralizing competitors before they could threaten the company's dominance of the social-media market. They allege that Facebook's acquisition of Whatsapp and Instagram are imposed "anticompetitive conditions" on software developers.
Both complaints seek a "divestiture of assets" for Facebook ,i.e., breaking off Instagram and WhatsApp from the social-media giant. Additionally, Facebook could be required to get approval from the government before any mergers or acquisitions in the future.
Facebook had obtained regulatory approval when it bought Instagram in 2012 and WhatsApp in 2014, but lawmakers have recently scrutinized the acquisitions.
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