Discover and read the best of Twitter Threads about #BreakUpFacebook
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Today is an enormous win for the rule of law, fair and open markets, and American democracy.
@NewYorkStateAG, along with 47 state and territorial AGs and (finally!) the @FTC, has filed an open-and-shut case to #BreakUpFacebook and restore fair competition in digital markets.
@NewYorkStateAG, along with 47 state and territorial AGs and (finally!) the @FTC, has filed an open-and-shut case to #BreakUpFacebook and restore fair competition in digital markets.
2/ This comes on the heels of @RepCicilline’s historic investigation into Facebook and other platforms’ monopoly power.
Amazingly, breaking up (and regulating!) Facebook to protect democracy and commerce from its broad range of harms was seen as fringe back in 2018.
Amazingly, breaking up (and regulating!) Facebook to protect democracy and commerce from its broad range of harms was seen as fringe back in 2018.
3/ That’s why we launched @FreedomFromFB — to mainstream the notion that maintaining the status quo, in which one enormous monopoly controlled online communications to serve its own profit motives, was actually the extreme position.
FTC + 48 states are suing Facebook:
"The FTC alleges that Facebook engaged in a systematic strategy to eliminate threats to its monopoly, including the 2012 & 2014 acquisitions of Instagram & WhatsApp"
Some of these behaviors may be still happening in VR.
cnbc.com/2020/12/09/ftc…
"The FTC alleges that Facebook engaged in a systematic strategy to eliminate threats to its monopoly, including the 2012 & 2014 acquisitions of Instagram & WhatsApp"
Some of these behaviors may be still happening in VR.
cnbc.com/2020/12/09/ftc…
The FTC lawsuit focuses on Whatsapp & Instagram, but Bloomberg reported on December 3rd that the Justice department has also been talking to a number of VR developers, who are also alleging similar anti-competitive behaviors within the VR industry.
bloomberg.com/news/articles/…
bloomberg.com/news/articles/…
3/ On August 18th, Oculus announced that Facebook social media accounts would be required to use their VR hardware, and there was a backlash that catalyzed VR developers like @BigscreenVR's @DShankar to speak up about potential anti-competitive behaviors:
