Regulators are concerned that other services will not be able to compete with what happens
According to the New York Times and the Wall Street Journal, the US Federal Trade Commission (FTC) is considering judicially banning Facebook from integrating WhatsApp, Instagram, and Facebook Messenger. As you know, the FTC is studying the work of Facebook as part of an antitrust investigation, suggesting that the practice of the Internet giant prevents fair competition.
The commission began an investigation after Facebook announced its intention to combine the technical base of WhatsApp, Instagram and Facebook. This would allow 2.7 billion users to send personal encrypted messages between their respective applications.
However, according to the FTC, Facebook’s acquisition of competing apps such as Instagram has reduced social media competition. As of last year, Facebook owned approximately 66% of the global social media market. For comparison: the closest competitors Pinterest and Twitter occupy 11% each. Facebook’s net profit last year was $ 22.1 billion.
The source notes that achieving an FTC injunction will be difficult. It will be even more difficult to insist on sharing Facebook. To do this, you need to prove that the giant of social networks violated antitrust laws or was ready to do so.