State AG joins multistate lawsuit seeking to end Facebook's monopoly

Michigan Attorney General Dana Nessel on Wednesday joined a bipartisan coalition of 48 attorneys general in filing a lawsuit against Facebook Inc. alleging that the company illegally stifles competition to protect its monopoly power.

The lawsuit alleges that, over the last decade, the social networking giant illegally acquired threatening competitors and cut services to smaller competitors, depriving users from the benefits of competition, such as new innovations and more quality services, and reducing privacy protections along the way.

Facebook’s pervasive assault against antitrust law was ruthlessly conducted to boost its profits through increased advertising revenue, the lawsuit claims.

“Facebook’s power as a monopoly has been solidified through its methodical erosion of any and all viable competition in this arena,” Nessel said. “My colleagues and I seek to protect consumers and their data by ending Facebook’s illegal, anticompetitive conduct and prevent this type of predatory behavior in the future.”


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