Why Jim Cramer Doesn't Think the FTC Will Divest Instagram and WhatsApp

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The Federal Trade Commission and a coalition of states have filed an antitrust lawsuit against Facebook, saying that the company engaged in anticompetitive behavior to maintain a monopoly position in personal social networking.

The FTC's case was brought in coordination with attorneys general from 46 states, the District of Columbia, and Guam.

Facebook CEO Mark Zuckerberg, in a post to employees, wrote the company's acquisitions of Instagram and WhatsApp "have dramatically improved those services and helped them reach many more people.

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