We The People

We The People

Sunday, December 27, 2020

Report: Facebook Offered to Help Launch Rival Social Network to Prevent Antitrust Lawsuits

Report: Facebook Offered to Help Launch Rival Social Network to Prevent Antitrust Lawsuits
A recent report claims that tech giant Facebook’s lawyers told state and federal investigators that it could help a new social network launch by licensing its own code to another firm to avoid antitrust lawsuits.

CNBC reports that before federal and state investigators filed antitrust lawsuits against social media giant Facebook in federal court this month, the company’s lawyers reached out to investigators with an offer aimed at fostering competition and avoiding the incoming lawsuits.

No comments:

Post a Comment