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Facebook is a social network monopoly that buys, copies or kills competitors, antitrust committee finds – CNBC

The House Judiciary antitrust subcommittee determined Facebook wields monopoly powers in social network and has maintained its position by acquiring, copying or…

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Facebook CEO Mark Zuckerberg speaks at an event at Facebook’s Headquarters office in Menlo Park, California on January 15, 2012.
The House Judiciary subcommittee on antitrust determined Facebook wields monopoly powers in social network and has maintained its position by acquiring, copying or killing its competitors, according to a report the group released on Tuesday. 
The report from the Democratic majority staff, which also addresses antitrust concerns regarding Amazon, Apple, Google parent-…

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