FTC tries to break up Facebook a 2nd time in new antitrust lawsuit


The Federal Trade Commission wants to try that again.
On Thursday, the FTC filed a new complaint against Facebook, seeking to break up the social media giant after its original antitrust complaint was dismissed earlier this year. The agency accused Facebook of an "illegal buy-or-bury scheme to maintain its dominance," saying the company "unlawfully" acquired competitors with mobile features that "succeeded where Facebook's own offerings fell flat or fell apart," as well as "buried" app developers that became threats.
"After failing to compete with new innovators, Facebook illegally bought or buried them when their popularity became an existential threat," FTC Bureau of Competition Acting Director Holly Vedova said. "This conduct is no less anticompetitive than if Facebook had bribed emerging app competitors not to compete. The antitrust laws were enacted to prevent precisely this type of illegal activity by monopolists."
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
The amended complaint came after a D.C. federal court in June dismissed an FTC antitrust lawsuit against Facebook, with U.S. District Judge James Boasberg saying it didn't adequately prove the assertion that Facebook controls more than 60 percent of the social networking market. The FTC said Thursday its new complaint provides new data and evidence to support its claim that "Facebook is a monopolist."
In the original complaint, the FTC argued Facebook's acquisitions of WhatsApp and Instagram were part of a "systematic strategy" to "eliminate threats to its monopoly," and it sought a court injunction requiring "divestitures of assets, including Instagram and WhatsApp." The new complaint filed Thursday is almost twice as long as the original, The New York Times reports. Facebook said it was "reviewing the FTC's amended complaint and will have more to say soon."
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.
-
Is China winning the AI race?
Today's Big Question Or is it playing a different game than the US?
-
5 refreshing podcasts you may have missed this spring
The Week Recommends Exploring the cultural impact of Jerry Springer, a look at contemporary spending habits and more
-
Mortgages: The future of Fannie and Freddie
Feature Donald Trump wants to privatize two major mortgage companies, which could make mortgages more expensive
-
Economists fear US inflation data less reliable
speed read The Labor Department is collecting less data for its consumer price index due to staffing shortages
-
Crypto firm Coinbase hacked, faces SEC scrutiny
Speed Read The Securities and Exchange Commission has also been investigating whether Coinbase misstated its user numbers in past disclosures
-
Starbucks baristas strike over dress code
speed read The new uniform 'puts the burden on baristas' to buy new clothes, said a Starbucks Workers United union delegate
-
Warren Buffet announces surprise retirement
speed read At the annual meeting of Berkshire Hathaway, the billionaire investor named Vice Chairman Greg Abel his replacement
-
Trump calls Amazon's Bezos over tariff display
Speed Read The president was not happy with reports that Amazon would list the added cost from tariffs alongside product prices
-
Markets notch worst quarter in years as new tariffs loom
Speed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
-
Tesla Cybertrucks recalled over dislodging panels
Speed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
-
Crafting emporium Joann is going out of business
Speed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores