WASHINGTON (AP) - Federal regulators on Wednesday sued to force a breakup of Facebook as 48 states and districts accused the company in a separate lawsuit of abusing its market power in social networking to crush smaller competitors.The antitrust lawsuits were announced by the Federal Trade Commission and New York Attorney General Letitia James.
The FTC specifically asked a court to force Facebook sell off its Instagram and WhatsApp messaging services.RELATED: FCC chairman says he’ll ‘move forward with a rulemaking to clarify’ Section 230“It’s really critically important that we block this predatory acquisition of companies and that we restore confidence to the market,” James said during a press conference announcing the lawsuit.The FTC.