Reports: FTC may try to block Facebook from integrating apps
Facebook’s stock dropped almost 3% in regular trading after news reports suggested that the FTC may take antitrust action to prevent Facebook from integrating its disparate messaging apps.
Facebook’s “interoperability” plans for Facebook Messenger, WhatsApp and Instagram, which involves revising them to use the same underlying software.Facebook has been planning to integrate the apps since early 2019. Federal regulators are concerned that Facebook’s plan could make it hard to break up the company should the FTC find that necessary.
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