The federal trade commission has just sued Facebook for monopoly a lawsuit that it makes in conjunction with the 48 states of the United States, alleging that users do not have options because Facebook has bought Instagram and also acquired WhatsApp, however Facebook can claim that those purchases were approved by the government.
It is not the first time that Facebook is saved remember that there was the analytical Cambridge scandal, where they accused him of helping to win an election and only had to pay a fine.
In the case of the purchase of Instagram for a billion dollars and WhatsApp for 19 billion dollars, both purchases were approved by the regulators of the United States government, this is not like going to the market and buying some things, you must approve certain parameters to buy these companies and it seems strange that the same government that approved the purchases now accuses them of a monopoly, which is why the company is being asked to divide.Each company is asked to be independent and that is going to take away a lot of power from Facebook, dividing a company will affect the operations and strategies that they are developing too much, let us be aware that the value of Facebook is currently. 800 billion dollars, it has 56 thousand employees and last year it had profits of 19 billion dollars. Is that Facebook has 2.7 billion users, WhatsApp 2 billion users and Instagram 1.1 billion users.
We know that the government has already been questioning the CEOs of the most important technology companies in the United States, Google, Amazon, Facebook and Apple. So we can assume that they do not want monopolies within the first world power, either because of fear of so much power, because it could change the course of that country and therefore the world, but it is a complicated issue, I remember that many years ago the Antitrust lawsuits divided David Rockefeller's empire, the great Standard Oil was divided and I don't know if the world is a better place for that, governments say yes and that personally makes me doubt.
I think WhatsApp and Instagram weren't a big deal until the Facebook purchase, don't get me wrong I think if they offered something fresh like Snapchat but there are the results with Snapchat, they didn't want to be absorbed by Facebook and they didn't get to great things though there They are and are the competition of Facebook today, the truth is that in the lawsuit Mark and Facebook are accused of corporate espionage and there are internal emails where they allege that it is better to buy than compete, this is very interesting so personally I will be pending.