The US Federal Trade Commission (FTC) has filed a lawsuit against Facebook’s abuse of its dominant position in the digital market and anti-competitive behavior, and has filed a quarantine against each state.Now he Ian Conner, FTC Competition Director,ask”Withdraw Facebook’s previous acquisitions“.
Facebook responded to Facebook’s public statement, which Jennifer Newstead (Jennifer Newstead) Corporate Vice President and General Counsel, Treat the process as “Revisionist history“And pointed out that Facebook has invested billions of dollars to make Instagram and WhatsApp what they are today, and warned.”This process runs the risk of doubt and uncertainty about the US government’s own merger review process and whether the acquisition can really rely on the outcome of the legal process.“.
Based on the data in the chart, Facebook is right to say that the companies it acquired in 2012 and 2014 are far from where they are and where they are today.
Instagram had about 30 million users when it was acquired, while WhatsApp was even bigger, with 450 million users when Facebook appeared.
