U.S. FTC claims that Facebook has adopted a "acquisition or burial" strategy to hinder competition

The US Federal Trade Commission (FTC) rejected Facebook on the 19th (US land time) on suspicion of violating the anticipated law (anti -Trust).According to FTC's claim, Mark Zuckerberg CEO companies are hindering competition by illegal "BUY-OR-BURY" strategy.

The lawsuit between FTC and Facebook was originally raised in December 2020 in search of business divisions and sales, assuming that there was a competition in the acquisition of emerging companies such as Instagram and WhatsApp.At the end of June this year (2021), FTC rejected the complaint that there was no sufficient evidence of FTC's claim that "Facebook monopolizes SNS for individuals."However, only the complaint was dismissed, and it was determined that it could be re -submitted after correcting the contents.

According to a new claim of FTC, Facebook is an illegally acquired or wiped out of competitors using its power and funds in the event that it fails to introduce a new feature independently.thing.Facebook has also accused him of "polishing monitoring advertising models."

After extracting the relevant parts, "Facebook lacked business insight and technical talent to survive the transition to mobile. Facebook, which failed to compete with a new innovative company, has its popularity.When it was crisis, it was illegally acquired and buried. ""This behavior is still an anti -competitive thing, compared to the fact that Facebook has bribed to competitors in emerging apps and stopping competition."

According to Holly Vedova, Deputy Director of the FTC Competition Bureau, Facebook's actions have an impact on SNS experiences by "suppressing technical innovation and product quality improvement" with an impressive advertisement and malicious privacy policy.It is given.

Facebook acquired Instagram, a photo SNS that was growing in 2012, and was acquired in 2014 with attention to the popularity of Messenger App Whatspp.FTC's claims are suspected that Facebook is the most used SNS, which owns at least three, trying to narrow consumer options.

In this re -complaint, Facebook said in the official account, "I'm sorry that I chose FTC to continue a lawsuit with no merit."It has been made and commented on our platform policy. "

It seems that high -tech giants such as Facebook have taken the "acquisition or burial" strategy because "lack of business insight and technical talent", but it seems to be a crushed face, but the development of future lawsuits is developed.I want to watch.

Source: FTC

VIA: 9to5mac