Article 58TQX Facebook Leak Hints at its Defense Against a Government-Ordered Breakup

Facebook Leak Hints at its Defense Against a Government-Ordered Breakup

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Fnord666
from SoylentNews on (#58TQX)

upstart writes in with an IRC submission for guy_:

Facebook leak hints at its defense against a government-ordered breakup:

According to the leak, Facebook would contend that its acquisitions of Instagram and WhatsApp passed FTC scrutiny without objections, leading it to pour massive amounts of money into both projects as it integrated them into its operations. A breakup would require spending billions and running separate systems that reduced security and hurt the user experience, Facebook would claim.

Facebook has declined to comment on the apparent leak. In the past, it has pushed for extra regulation (albeit limited) in place of a breakup.

[...] Facebook might have to offer some kind of defense before long. The FTC is rumored to be readying an antitrust lawsuit by the end of 2020, and the House could release its antitrust investigation results later in October. Neither is likely to be particularly kind to Facebook, and a split-up could easily be on the table.

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