To break up social media giants Instagram and WhatsApp from Facebook Inc would cost billions, harm consumers and disregard laws.
A document investigating Facebook and other companies such as Google and Amazon for antitrust violations is expected to be released by the House Antitrust Subcommittee later this month. This report could include a plan to separate the platforms and to enforce a series of policies.
Facebooks acquisition of Instagram in 2012 and WhatsApp in 2014 were investigated by the Federal Trade Commission. This investigation was closed with no objections.
Many critics argue that the acquisition of Instagram and WhatsApp has illegally reduced competition in the social media industry.
To read the full article you will need to be a subscriber of the Wall Street Journal.