Updated at 3:27 p.m. ET
Attorneys general from 46 states, the District of Columbia and Guam, as well as the Federal Trade Commission, filed much-anticipated lawsuits against Facebook on Wednesday. The suits accuse the social network of abusing its online dominance by gobbling up competitive threats in a way that entrenches the platform so deeply into the lives of billions of people that rivals can no longer put up a fight.
“For nearly a decade, Facebook has used its dominance and monopoly power to crush smaller rivals and snuff out competition, all at the expense of everyday users,” New York Attorney General Letitia James said. “Today, we are taking action to stand up for the millions of consumers and many small businesses that have been harmed by Facebook’s illegal behavior.”
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