Facebook sued by FTC, 48 U.S. attorneys general alleging it operates an illegal monopoly

A group of 48 U.S. attorneys general led by New York filed an antitrust lawsuit against Facebook (FB) on Wednesday, alleging Facebook is violating antitrust law by buying up competitors in order to operate an illegal monopoly. Facebook is also accused of depriving consumers of alternatives that would be more protective of their privacy. The U.S. Federal Trade Commission filed a separate suit alleging antitrust violations.
Facebook CEO Mark ZuckerbergAlexis Keenan and Daniel Howley for Yahoo Fina