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. Other technology giants including Google , Amazon and Apple are also facing probes. There is no ‘it’s too hard’ defense,’” Wu told WSJ.
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