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Facebook Hit With Antitrust Lawsuit by FTC, State Attorneys General

The Federal Trade Commission and a bipartisan group of state attorneys general brought broad antitrust allegations against the social-media giant, accusing it of a yearslong campaign to buy up or freeze out potential rivals.

WASHINGTON—The Federal Trade Commission and a bipartisan group of state attorneys general sued Facebook Inc. on Wednesday, bringing broad antitrust allegations that the social-media giant engaged in a yearslong campaign to buy up or freeze out nascent tech firms that one day might have become rivals.

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Source: WSJ:

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