Facebook-Instagram deal should be looked into again

Bradley Prior

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Facebook-Instagram deal should be looked into again

Antitrust officials are right to look back at Facebook Inc.’s acquisition of Instagram to determine whether the deal harmed competition, Colorado’s attorney general said, adding to calls for renewed scrutiny of the takeover of the photo-sharing site.

Phil Weiser said in an interview Monday that large internet platforms like Facebook have been able to buy emerging rivals without sufficient antitrust review of the effects on competition. [Bloomberg]
 

Polymathic

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Expect even more Instagram and Facebook integrations to be announced now
 
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