U.S. regulators and 46 states sue Facebook, accusing it of illegally crushing competition

U.S. regulators and 46 states sue Facebook, accusing it of illegally crushing competition

The Federal Trade Commission and a coalition of bipartisan attorneys general filed lawsuits against Facebook on Wednesday, accusing the social media giant of illegally stifling competition. Facebook accused the FTC of seeking a “do-over” because the agency previously cleared the company’s acquisition of assets like Instagram and WhatsApp. Jeff Pegues reports.