Facebook has used its monopoly power to crush smaller rivals and snuff out competition, all at the expense of everyday users. Instead of improving its own product, Facebook took advantage of consumers and made billions of dollars converting their personal data into a cash cow.

 

Facebook has used its monopoly power to crush smaller rivals and snuff out competition, all at the expense of everyday users.

Instead of improving its own product, Facebook took advantage of consumers and made billions of dollars converting their personal data into a cash cow.

— NY AG James (@NewYorkStateAG) December 9, 2020