VIDEO: US Feds, states sue Facebook for ‘predatory’ conduct.

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US antitrust siege of tech widens with lawsuits vs Facebook for ‘predatory’ conduct

The giant tech companies whose services are woven into the fabric of social life are now the targets of a widening assault by U.S. government competition enforcers.

Regulators filed landmark antitrust lawsuits against Facebook, the second major government offensive this year against once seemingly untouchable tech behemoths.

The Federal Trade Commission and 48 U.S. states and districts sued the social network giant, accusing it of abusing its market power to squash smaller competitors, labelling it ”predatory acquisition,” Marcy Gordon and Michael R. Sisak report. 

VIDEO: US Feds, states sue Facebook for ‘predatory’ conduct. 

Remedies are being sought that could include a forced spinoff of Facebook’s prized Instagram and WhatsApp messaging services. The company’s conduct has crimped consumers’ choices and harmed their data privacy, the regulators charged.  

Once lionized and feted as innovators and job creators — and largely left alone by Washington for nearly two decades — Big Tech companies have seen their political fortunes plummet. Facebook, Google, Amazon and Apple have come under scrutiny from the U.S. Congress, federal regulators, state attorneys general and European a

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