FTC accusing Facebook of `buy-or-bury` tactics in antitrust complaint
(Windows Phone Central)

The Federal Trade Commission claims Facebook bought or buried competing services to build and maintain market dominance. What you need to know The Federal Trade Commission filed an amended antitrust complaint against Facebook on Thursday, August 19, 2021. The complaint claims that Facebook used `an illegal buy-or-bury scheme to maintain its dominance` in the social media space. The amended filing centers around Facebook purchasing WhatsApp and Instagram and accusations of stifling competition. The Federal Trade Commission filed an amended antitrust complaint against Facebook to the U.S District Court for the District of Columbia on August 19, 2021. The complaint alleges that Facebook used buy-or-bury tactics to build and maintain a monopoly in the social media space. The FTC filed a complaint against Facebook on June 28, 2021, but a Judge dismissed it. At the time, the judge gave the FTC a chance to amend its filing. The new complaint is 80 pages, which is 27 pages longer than ...