Facebook Breakup Seen as Real Risk in Landmark Antitrust Cases
- Lawyers say U.S., states have good shot at challenging deals
- Facebook calls complaints “revisionist history,” vows to fight
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If there were any lingering doubts about the government’s stomach for going after American technology giants, they were erased Wednesday by a pair of lawsuits against Facebook Inc. demanding a sweeping remedy: the breakup of the social-media company.
Now, the challenge for the Federal Trade Commission and a nationwide coalition of states is persuading a federal judge to take that drastic step. It will be a massive legal undertaking that will probably take years, but antitrust experts say there’s a good shot at success.