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. He said it was a natural extension of its global social media business and not an attempt to remove a potential competitor from the marketplace. “It
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