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Is Facebook Getting Its Own Anti-Trust Lawsuit?

In a little under 2 months following the antitrust lawsuit filed by the U.S. Department of Justice against Google, The D.O.J. is gearing up for more legal battles over the next few years against both Google and now Facebook.

 

Sources report that as many as 4 new lawsuits could be coming up. In the case of Google, already having a suit filed against them for their search services is currently seeing the Justice Department staring them down for possible monopolistic behavior within the tech giant’s gigantic online ad business, which includes the $3.1 billion USD acquisition of DoubleClick Inc. back in 2008.

 

With Facebook however, the DOJ is looking into the possibility that the Social Network Company has been abusing it’s high ranking status within the industry with its acquisitions of both WhatsApp and Instagram. If the DOJ files a suit, this will be the first time that Facebook is facing Anti-trust proceedings within the United States. Though it’s possible that the suits wouldn’t be filed until January of 2021 though both of the tech giants have denied any sort of anti-competitive behavior, making the argument that they operate in a very competitive market.

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