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Regulation

F.T.C. Is Said to Consider an Injunction Against Facebook

  • December 13, 2019
  • by Andy

This is a big deal (albeit would be tied up in court for awhile). Getting ahead of the already planned integration of messaging across Facebook, WhatsApp and Instagram so its not a nightmare later (and it would be).

The Federal Trade Commission is considering seeking a preliminary injunction against Facebook to prevent the social network from integrating several of its messaging services, according to three people with knowledge of the matter. The agency has discussed how the Silicon Valley company is stitching together the technical infrastructure underlying WhatsApp, Instagram and Facebook Messenger, said the people, who spoke on the condition of anonymity because the talks are confidential. The F.T.C. is weighing whether such an integration would make it harder to potentially break up Facebook, they said, especially if the agency determines that the company’s acquisitions of some of those apps reduced competition in social networking. The agency has not made a final decision about what to do, the people said.

https://www.nytimes.com/2019/12/12/technology/ftc-facebook-injunction.html
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Andrew Breen is a partner at The Buy Build Fund and the principal of Assert Digital Ventures where he acquires & invests in small, cash flow positive digital businesses with growth potential. He uses his years of digital product experience to expand the market. Currently focused on health & wellness, Andrew has grown ADV’s acquisitions significantly to date. In addition, Andrew advises leading companies from startups, investors to Fortune 1000 companies on digital products and transformation. Known for his deep knowledge of the Lean framework, Andrew has significantly restructured the digital products, processes and culture of a range of companies. He is an adjunct professor at both NYU's Stern School of Business and Courant (CS) Institute teaching on a range of tech product management and innovation topics. He is contributing author on two books on tech product and cultural topics.
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