Illinois Joins Antitrust Lawsuit Against Facebook

State and federal regulators say Facebook abused its power in acquiring its competitors Instagram and WhatsApp.

By Bianca Martin

Dec. 10, 2020, 5:28 p.m. CT

Facebook CEO Mark Zuckerberg speaks at Facebook headquarters in Menlo Park, Calif. ASSOCIATED PRESS

Illinois Joins Antitrust Lawsuit Against Facebook

State and federal regulators say Facebook abused its power in acquiring its competitors Instagram and WhatsApp.

By Bianca Martin

Dec. 10, 2020, 5:28 p.m. CT

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The U.S. Federal Trade Commission and more than 40 states, including Illinois, filed a joint lawsuit Wednesday against Facebook for alleged anti-competitive business tactics. Reset brings on a New York Times reporter on the latest.

GUEST: Lauren Hirsch, New York Times DealBook reporter