The FTC Goes After Facebook; A Look at Investing Styles
Is Facebook a monopoly? The Federal Trade Commission (FTC) thinks so and it has filed a new complaint against the company after a federal judge rejected an earlier filing. The new suit alleges that Facebook \u201cused anticompetitive acquisitions of Instagram and WhatsApp to further its monopoly power and that it also unfairly blocked rivals from accessing its application programming interface (API).\u201d What will happen? Most of the 7investing team joins 7investing Now to discuss and, we\u2019ll also take a look at how we describe our investing styles.
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