{"id":17465,"date":"2020-12-18T06:19:29","date_gmt":"2020-12-18T00:49:29","guid":{"rendered":"https:\/\/plyinsight.com\/?p=17465"},"modified":"2021-05-11T13:52:52","modified_gmt":"2021-05-11T08:22:52","slug":"facebook-accused-for-misuse-its-position-to-ruin-its-competitors","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/facebook-accused-for-misuse-its-position-to-ruin-its-competitors\/","title":{"rendered":"Facebook accused for misuse its position to ruin its competitors"},"content":{"rendered":"

The US government and 48 states have accused social media giant American company Facebook of establishing a monopoly in the market and crushing petty competitors, and have filed lawsuits against it.\u00a0The Federal Trade Commission (FTC) and the Advocates of 48 states have started prosecuting the company.<\/p>\n

The bipartisan coalition, led by New York Attorney General, alleged that Facebook had adopted a well-thought-out strategy to maintain its monopoly.\u00a0He said this included the acquisition of close rival Instagram in 2012 and mobile messaging app WhatsApp in 2014.\u00a0The alliance also alleged that Facebook has also imposed anti-competitive conditions on software developers.<\/p>\n

The complaint filed against this social media company stated that this behavior of Facebook has damaged healthy competition and left limited options for social networking for consumers.\u00a0According to the complaint, due to increasing Facebook’s dominance in the market, advertisers were also denied the benefit of advertising at reasonable rates.<\/p>\n

Facebook has become the second tech company to face this huge legal challenge after a lawsuit filed.\u00a0Earlier, the US Department of Justice filed a lawsuit against Google in October this year.\u00a0The department had alleged that Google had misused its position in the market to damage its competitors.<\/p>\n

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https:\/\/www.virtualwoodexpo.com\/register.html<\/a><\/p>\n

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The US government and 48 states have accused social media giant American company Facebook of establishing a monopoly in the market and crushing petty competitors, and have filed lawsuits against it.\u00a0The Federal Trade Commission (FTC) and the Advocates of 48 states have started prosecuting the company. The bipartisan coalition, led by New York Attorney General, […]<\/p>","protected":false},"author":1,"featured_media":17466,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[980,978],"tags":[967,966,969,968],"class_list":["post-17465","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news-january-2021","category-january-news-21","tag-face-book","tag-facebook","tag-facebook-accused","tag-social-media"],"yoast_head":"\nFacebook accused for misuse its position to ruin its competitors - PLY INSIGHT<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plyinsight.com\/hi\/facebook-accused-for-misuse-its-position-to-ruin-its-competitors\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Facebook accused for misuse its position to ruin its competitors - PLY INSIGHT\" \/>\n<meta property=\"og:description\" content=\"The US government and 48 states have accused social media giant American company Facebook of establishing a monopoly in the market and crushing petty competitors, and have filed lawsuits against it.\u00a0The Federal Trade Commission (FTC) and the Advocates of 48 states have started prosecuting the company. 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