Facebook sued by US a group of states
FTC sues Facebook for legal monopolization:
- Facebook had systematic strategy to eliminate threats
- New York Atty. Gen. says will leading monopoly lawsuit against Facebook
- sued by US and group of states
- FTC seeks permanent injunction to require Facebook divestitures
- California Atty. Gen. sues Facebook for monopolistic behavior
Facebook shares are trading down $8.55 or -3.02% to $274.59. The NASDAQ index is trading down -235 points or -1.87%.