Beautiful Virgin Islands

Wednesday, Aug 19, 2026

Facebook's Sandberg jabs government over antitrust lawsuits

Facebook's Sandberg jabs government over antitrust lawsuits

Officials have accused Facebook of using its wealth to squelch competition by buying rival social media platforms.

Facebook chief operating officer Sheryl Sandberg pushed back on claims that the social media giant has engaged in anti-competitive business practices in an interview that aired Thursday, hours after federal and state officials announced plans to take antitrust action against the company.

Officials have accused Facebook of using its wealth to squelch competition by buying rival social media platforms before they can become direct competitors. During an appearance on “The Tamron Hall Show,” Sandberg, Facebook’s second-most senior executive, pointed to the existence of popular services such as TikTok, Snapchat and Apple’s iMessage as proof that competition is strong.

“If you want to get electricity today for your home, you’ve got one choice, but you’ve got lots of choice for your time and attention,” Sandberg said. “I think it’s hard to argue that there’s not competition. I also think it’s worth remembering that when we bought Instagram and WhatsApp, they were really small, little companies.”


In a sweeping antitrust lawsuit, a bipartisan coalition of 48 state attorneys general identified Facebook’s purchases of Instagram for $1 billion and WhatsApp for $19 billion as anticompetitive actions. New York Attorney General Letitia James said Facebook acquired Instagram “when the company did not even have a cent in revenue” and argued it paid far more for WhatsApp than what industry analysts deemed to be market value for the messaging app.

The Federal Trade Commission filed suit in a bid to unwind Facebook’s acquisitions of WhatsApp and Instagram. The state attorneys general have pledged to coordinate antitrust action with the FTC.

Sandberg noted that federal regulators had previously approved both transactions.

“We’ve faced real competition and those acquisitions were cleared,” Sandberg said. “If you can buy a company and eight years, 10 years later, the government can clear it then and unwind it, that’s going to be a really big chilling problem for American business. We are not going to be competitive around the world."

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
China’s Lifelike AI Humans Move From Livestreams Into Real-World Service Roles
Sarah Ferguson Reportedly Retreats to Late Ex-Boyfriend's Swiss Chalet
Cristiano Ronaldo and Georgina Rodríguez Sign Prenup Protecting Their Separate Fortunes
Thieves Steal Antonello da Messina Renaissance Masterpieces From Sicilian Museum
Better.com Founder Who Fired 900 Employees on Zoom Is Ousted as CEO
Italian Speed Camera Issues Nearly 32,000 Fines in 10 Weeks, Worth More Than €3 Million
AI Manager at San Francisco Store Recommends Firing Human Employee
Google Launches Pixel 11 With Gemini AI at the Center of Its Hardware Strategy
Reform UK Unveils Plan to Cut Welfare Spending by More Than £50 Billion a Year
Prime Minister Andy Burnham Praised Extinction Rebellion for Doing a 'Great Service'
UK Wildfire Phone Alert Triggers Backlash as Users Switch Off Emergency Warnings
Heathrow Roads Reopen After Burst Water Main Floods Access to Terminals 2 and 3
Former NBA Players Enes Kanter Freedom and Royce White Say They Will Enter 2027 WNBA Draft
Former Cambridge Professor Jason Arday Found Dead Days After Resigning Amid Plagiarism Row
US Appeals Court Rules AI Agent's Website Actions Are Legally Attributed to the User
France's Constitutional Council Blocks Social Media Ban for Children Under 15
Liechtenstein Changes Royal Succession Rules to Allow Women to Inherit the Throne
Women Allege Rape and Sexual Abuse at British Army College for Teenage Recruits
Minnesota: Two independent investigators posed as Muslims (one wearing a burqa) and showed how they could vote in elections without identification.
China’s Kimi Launches AI-Focused Credit Card With Agricultural Bank of China and American Express
Former Labour Adviser Arrested on Suspicion of Spying for China Held Privileged Access as Top Party Donor
Turkish Parliament Passes Landmark Bill Granting Conditional Amnesty to Disarmed PKK Members
Donald Trump Warns FIFA Against Ousting Gianni Infantino Amid Revolt by Global Football Leaders
Jeff Bezos Joins Investor Group Closing In on $6 Billion Liverpool FC Stake
UK Councils to Receive Sweeping Planning Powers to Ban New Vape and Betting Shops
Russia’s A7 Builds a State-Linked Payments Network Beyond Western Sanctions
Hyper-Realistic Reborn Dolls Draw Collectors Seeking Comfort and Craft
Gen Z Cuts Back on Dating as a Night Out Nears $200
Patients Turn to Artificial Intelligence for Therapy as Psychiatrists Warn of Privacy and Clinical Risks
Couples Embrace ‘Sleep Divorce’ to Protect Rest and Reduce Tension
Meta Ordered to Pay $567 Million and Change Facebook and Instagram Safeguards for Children
Up to only 10 Months in Prison for Swedish Officer’s Murderer Sparks Anger
Success: Nvidia Turned Gaming Chips Into the Engine of the AI Boom
Jorge Messi, Lionel Messi’s Father and Longtime Agent, Dies at 68
AI’s Next Bottleneck Is Power, Not Just Nvidia Chips
Advertising trick: Pepsi’s Harrier Jet Commercial Led to a $700,000 Court Fight
Meta Raises AI Spending Target to as Much as $145bn Despite Pressure Over Returns
Danube Drought Exposes Nazi Wrecks and Pushes Central Europe’s Power System to the Brink
Joe Biden’s Cancer Has Spread Beyond His Bones, Hunter Biden Says
Air Traffic Control Outage Grounded Flights Across the Midwest
Why 2027 Could Be a Strong Year for Stocks—and Why the Forecast Is Fragile
Why Markets May Look Quiet in August After Big Tech Earnings
Australian Crew Evacuates Seriously Ill American From Antarctica in Midwinter Darkness
Trump’s Top General Seeks an Exit Strategy From Iran War, Report Says
Brock Lesnar Retires From Wrestling, Closing a Career of Rare Athletic Range and Lasting Controversy
Trump-Era Policy Shifts Test the Boundaries of U.S. Institutions
UK Drought Cuts Harvests and Raises Food-Security Fears
UFO: Pentagon Releases Video of Unidentified Object Tracked Over Middle East
US Health Secretary: “I’m Not Afraid of Germs — I Used to Snort Cocaine Off Toilet Seats”
Ukraine Tells Senate Republicans Its Drone War Offers a Blueprint for America
×