Technology

Facebook Foes Sue to Force Zuckerberg to Sell Majority Stake

  • Companies seek to force Facebook to sell WhatsApp, Instagram
  • Facebook accused of anticompetitive behavior in lawsuit
Photographer: Jason Alden/Bloomberg
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Facebook Inc. was sued by four potential competitors who accuse it of anticompetitive behavior and who asked a judge to order Chief Executive Officer Mark Zuckerberg to give up control of the social media behemoth.

The companies also said if Facebook isn’t forced to sell its WhatsApp and Instagram assets, it’ll integrate them into the social network, “consolidating its market power across the globe, likely permanently foreclosing competition in the relevant markets for decades to come.”