The FTC considers antitrust action on Facebook

The FTC considers antitrust action on Facebook
The Federal Trade Commission is considering putting an injunction on Facebook over antitrust concerns, according to the Wall Street Journal. The potential injunction could block Facebook from further integrating products such as Instagram, Messenger, and WhatsApp with its main social network. Shares of Facebook fell by as much as 4% in reaction to the news on Thursday.
  • Why now? According to the Journal, government agencies like the FTC are increasingly worrying that if Facebook continues to integrate its apps, it could become even harder to break up the company in the future, if antitrust investigations show that it needs to be split up.