Facebook’s Acquire Or Bury Scheme Outed In Ammended FTC Filing

facebook ftc buy or bury scheme,

The Federal Trade Commission (FTC) filed an amended complaint against Facebook. The 80-page document argues the social media giant has become a monopoly that has “resorted to an illegal buy-or-bury scheme to maintain its dominance.” The suit points out that Facebook’s business plan has remained true to a deeply rooted view within the company expressed by Mark Zuckerberg in 2008 of “it is better to buy than compete.”…

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