FTC has launched a Facebook survey focusing on social media competition.

category:Internet
 FTC has launched a Facebook survey focusing on social media competition.


Netease Technologies News July 25, according to foreign media reports, the Federal Trade Commission (FTC) of the United States launched an investigation into Facebooks possible anti-competitive behavior. The survey is still in its early stages, according to a person familiar with the matter, about the competition in social media, the companys initial business.

The source said that FTC was trying to understand the competitive dynamics of the social media market, and it had contacted third parties, who might assist in the FTCs investigation.

Although Facebook has made many acquisitions and expanded its business to new areas, including instant messaging, virtual reality and e-commerce, the FTC survey focused only on the companys initial business, social networking. In addition to its major service business, Facebook also owns Instagram, the second most popular social media application in the United States.

Critics of Facebook, including co-founder Chris Hughes, called on antitrust law enforcement agencies to split the company, saying regulators should not allow Facebook to buy Instagram and WhatsApp instant messaging services. According to antitrust experts, both acquisitions were approved by the FTC at the time of their announcement, and persuading the court to cancel them would be a formidable challenge. On Wednesday, local time, Facebook disclosed the investigation. Just a few hours ago, Facebook paid $5 billion in settlement fees as part of a settlement with the FTC on a survey involving leaks of user privacy. Facebook said it was notified of the investigation in June. (Tianmen Mountain) Source of this article: Responsible Editor of Netease Science and Technology Report: Wang Fengzhi_NT2541

Critics of Facebook, including co-founder Chris Hughes, called on antitrust law enforcement agencies to split the company, saying regulators should not allow Facebook to buy Instagram and WhatsApp instant messaging services. According to antitrust experts, both acquisitions were approved by the FTC at the time of their announcement, and persuading the court to cancel them would be a formidable challenge.

On Wednesday, local time, Facebook disclosed the investigation. Just a few hours ago, Facebook paid $5 billion in settlement fees as part of a settlement with the FTC on a survey involving leaks of user privacy. Facebook said it was notified of the investigation in June. (Tianmen Mountain)