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Facebook invited the authorities to create an alternative for themselves to avoid antitrust lawsuits, but they refused
According to The Washington Post, Facebook has offered to help the US authorities create a new social network to avoid antitrust lawsuits. According to the source, the authorities rejected this offer.
Image source: Associated Press
The company was ready to provide a third-party developer or company with its program code so that they could quickly develop their alternative to the social network Facebook. With this step, the company tried to show that it does not violate antitrust laws and is not against competition. This information was confirmed by The Washington Post by three sources familiar with the case. It is noted that with its proposal, Facebook appealed to investigators of the state of Washington and the federal authorities, but they did not support the idea. They felt that Facebook’s offer was not enough to address all their concerns about competition.
Recall that the US Federal Trade Commission (FTC) together with the attorneys general of 48 states in early December brought to court two antitrust lawsuits against Facebook. The lawsuits claim that the company is buying up all potential competitors, effectively “destroying” them. Authorities cite the purchase of the social networking site Instagram and the messaging service WhatsApp as examples, which have propelled the tech giant into a dominant social media segment.
As part of these proceedings, the tech giant is accused of anti-competitive behavior, and as a result, the court may order Facebook to sell Instagram and WhatsApp. Facebook denies all accusations in its direction.