Description: Facebook Inc. will soon be hit by federal and state antitrust lawsuits accusing the social media giant of abusing its dominance and thwarting competition, according to three people familiar with the matter.
Source: Bloomberg.com
Date: Dec 07, 2020
Questions for discussion:
- What does the report say about why FB is a target of anti-trust action?
- Do you think the actions are justified?
- What has FB done to block competition?
- How would action against FB affect its growth potential?
- How can FB mitigate the anti-trust actions being taken against it?
