Mark Zuckerberg isn’t in anybody’s good graces. The folks over at POLITICO
got word from a good credible source that the Federal Trade Commission (FTC) will be filing an antitrust lawsuit, before the month’s end, against Mark Zuckerberg’s company, Facebook.
The FTC’s lawsuit
is expected to allege that Facebook has been killing off smaller rival companies by buying the companies off and then denying access to Facebook’s data gold mine on its 2.74 billion users worldwide.
Mark Zuckerberg will deny his company has done anything wrong
because in his mind Facebook is as clean as a whistle. He’ll be like, “Come on dude, it’s not like we pulled a Bill Gates. All we did was make them an offer they couldn’t refuse. Freedom to choose, right, it’s the American way.” The sadness in his case is that it’s not like he didn’t know this was coming.
During the summer of 2019, the FTC hit Facebook with a $5 billion dollar fine for stealing and selling the gold mine of users’ data; which the FTC is expected to accuse Facebook of not sharing with the companies that it killed off after it bought the companies out.
And folks, let me tell you, the Senate Judiciary Committee’s Hearing that was held on Tuesday did nothing but give the FTC more ammunition for the agency’s lawsuit against Facebook.
During the hearing, Senator Josh Hawley (R-MO) asked Mark Zuckerberg if Facebook has an internal tracking device, called Centra, that Facebook uses in order to track users from one device to another so the company can sell the users’ data to advertising agencies.
Mark Zuckerberg denied knowing nothing about nothing, telling the senator that he’s “not aware of any tool with that name.” The fact that Facebook paid a $5 billion fine to the FTC for stealing and selling folks’ data to advertising agencies, while denying access to the same data to companies the social media behemoth bought out, is why Mark Zuckerberg’s denials of knowing nothing about nothing ain’t gonna amount to a hill of beans.
Mark Zuckerberg just has to face the fact that Facebook’s chances are slim to none of beating the FTC’s lawsuit that’ll be filed in-house
with the FTC’s court.
I know, I know, this seems unfair to Mark Zuckerberg and Facebook because his accusers are his judge and jury who tend to win most of their cases in-house and on appeal. Fair is fair, I agree. Having said that, Mark Zuckerberg put Facebook in that position. He’s the one who went around killing off rival companies and profiting off folks’ stolen data, allegedly. So, yeah, what comes around goes around.
Besides, what the FTC is doing to him is child’s play compared to what more than 30 state attorney generals
are going to do to him after they get their talons on him.