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New York Attorney General Leads 48 States In Filing Antitrust Lawsuit Against Facebook

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New York Attorney General Leticia James led 48 states Wednesday in filing a landmark antitrust lawsuit against Facebook as the Feds, regulators and lawmakers seriously turn up the heat on social media and internet giants.In an all-out offensive, the Federal Trade Commission filed a separate lawsuit against the company also today alleging that “the company is illegally maintaining its personal social networking monopoly through a years-long course of anticompetitive conduct.”At a press conference, James said Facebook, “using its vast troves of money,” has “reduced choices, stifled innovation and degraded privacy protections for million of consumers.” The case against Facebook centers around allegations that it deliberately acquired smaller

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