2012, FTC and Request for Comment

DOJ Antitrust Lawsuit Against Facebook No Slam Dunk

PYMNTS

OCTOBER 4, 2020

Facebook bought Instagram, the photo- and video-sharing social networking service, in 2012 for $1 billion and WhatsApp, the cross-platform messaging service, in 2014 for $19 billion. That’s a question that wasn’t considered when the FTC chose not to oppose the Instagram and WhatsApp deals, he said, according to WSJ.

Federal Trade Commission

Federal Trade Commission FTC Request for Comment Laws

Advocacy Groups Call On FTC To Break Up Facebook

PYMNTS

JANUARY 24, 2019

The FTC is about to complete an investigation into the data breach and whether Facebook violated a consent decree reached in 2011 and could levy Facebook with a sizeable fine, reported The Wall Street Journal. In 2011 the FTC said Facebook deceived customers by sharing data it said it was kept private.

FTC

FTC Federal Trade Commission Request for Comment Data Breach

Payments Space

DOJ Antitrust Lawsuit Against Facebook No Slam Dunk

Advocacy Groups Call On FTC To Break Up Facebook

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