Facebook is sued and may have to sell Instagram and WhatsApp

Facebook is Sued and May Have to Sell Instagram and WhatsApp

Process generated by the FTC could cause Facebook to sell its Instagram and WhatsApp networks!

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Every now and then it always appears on the big news portals or on Facebook related to some controversy or lawsuit. But everything indicates, this time the company is getting into one of its biggest legal problems throughout its 16 years of existence. Remembering that Facebook is being sued in the United States and if you lose the case you will have to sell Instagram and WhatsApp.

To tell you the truth, there are two processes that the company is undergoing, but both are very similar. Surely you must know that Facebook bought Instagram and WhatsApp as soon as these Social Networks started to pop. And it's these purchases that are causing Facebook to be sued by the US Federal Trade Commission, but what do you mean?

The FTC (Federal Trade Commission) accuses the Social Network of Mark Zuckerberg of illegal monopoly, calm down, I will explain it in more detail. The FTC accuses Facebook of having bought Instagram and WhatsApp in order to prevent the emergence of new competitors in its market.

The purchase of Instagram took place in 2012 and WhatsApp was made in 2014, which coincidentally was when Social Networks began to boom. In addition to the FTC, Facebook is also being sued by 48 US states.

But is Facebook Being Prosecuted Fairly?

Mark Zuckerberg and Facebook
Photo: Reproduction/Logo Facebook and Mark Zuckerberg

Well, I prefer not to comment on this, and you, do you think he made the acquisition of these applications to avoid big competitors? I remember that one time when SnapChat was very popular, generally downloading to use it, Facebook tried to buy it. But the acquisition didn't materialize, as Snap didn't want it to happen, so guess what Facebook did? He created Stories and uploaded it to Instagram, something that was very similar to Snapchat, and so people lost interest in Snap.

What did Facebook say about this issue in the United States?

Facebook said it currently does not know why it is being sued, as years ago the FTC had allowed the purchase of Instagram and WhatsApp. The Social Network also made it very clear that all this success of the two platforms is attributed to billions of dollars invested and years of innovation.

The company also said in the note that the millions of people do not use their apps in obligatory ways, but because they find value there.

It is clear that since the purchase of these Social Networks by Facebook, many things have changed in them, today they are practically new platforms. And these changes occurred in a way that made people interested in being part of these Social Networks, which are of great entertainment.

Anyway, remembering that processes of this size can take years to complete. However, it is still a big concern for Facebook, which is one of the biggest companies in the world.

Author

Ruan Jesus

My name is Ruan Henrique and I am a writer for News Geek among other sites belonging to Grupo SED. I also have a certain skill in organic growth of profiles on instagram.

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