London Daily

Focus on the big picture.
Tuesday, May 26, 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

0:00
0:00
Close
'They're people from all walks of life across the UK'
EU Digital ID Claims Misstate What Brussels Can Legally Force on Member States
The Great Western Exit: Why Best Citizens Are Fleeing the Rich World [PODCAST]
The New Robber Barons of Intelligence: Are AI Bosses More Powerful Than Rockefeller?
The End of the Old Order [Podcast]
Britain’s Democracy Is Now a Costume
The AI Gold Rush Is Coming for America’s Last Open Spaces [Podcast]
The Pentagon’s AI Squeeze: Eight Tech Giants Get In, Anthropic Gets Shut Out [Podcast]
The War Map: Professor Jiang’s Dark Theory of Iran, Trump, China, Russia, Israel, and the Coming Global Shock [Podcast]
Labour Is No Longer a National Party [Podcast]
AI Isn’t Stealing Your Job. It’s Dismantling It Piece by Piece.
Lawyers vs Engineers: Why China Builds While America Litigates [Podcast]
Churchill’s Glass: The Drunk, the Doctor, and the Myth Britain Refuses to Sober Up From
Apple issues an unusual warning: this is how your iPhone can be hacked without you doing anything
Kennedy’s Quiet War on Antidepressants Sparks Alarm Across America’s Medical Establishment
The Met Gala Meets the Age of Billionaire Backlash
Russian Oligarch’s Superyacht Crosses Hormuz via Iran-Controlled Route
Gunfire Disrupts White House Correspondents’ Dinner as Trump Is Evacuated
A Leak, a King, and a Fracturing Alliance
Inside the Gates Foundation Turmoil: Layoffs, Scrutiny, and the Cost of Reputational Risk
UK Biobank Breach Exposes Health Data of 500,000, Listed for Sale on Chinese Platform
KPMG Cuts Around 10% of US Audit Partners After Failed Exit Push
French Police Probe Suspected Weather-Data Tampering After Unusual Polymarket Bets on Paris Temperatures
CATL Unveils Revolutionary EV Battery Tech: 1000 km Range and 7-Minute Charging Ahead of Beijing Auto Show
Crypto Scammers Capitalize on Maritime Chaos Near the Strait of Hormuz: A Rising Threat to Shipping Companies
Changi Airport: How Singapore Engineered the World’s Most Efficient Travel Experience
Power Dynamics: Apple’s Leadership Shakeup, Geopolitical Risks in the Strait of Hormuz, and Europe's Energy Strategy Amidst Global Challenges
Apple's Leadership Transition: Can New CEO John Ternus Navigate AI Challenges and Geopolitical Pressures?
Italy’s €100K Tax Gambit: Europe’s Soft Power Tax Haven
News Roundup
Microsoft lost 2.5 millions users (French government) to Linux
Privacy Problems in Microsoft Windows OS
News roundup
Péter András Magyar and the Strategic Reset of Hungary
Hungary After the Landslide — A Strategic Reset in Europe
Meghan Markle Plans Exclusive Women-Focused Retreat During Australia Visit
Starmer and Trump Hold Strategic Talks on Securing Strait of Hormuz Amid Rising Tensions
Unofficial Australia Visit by Prince Harry and Meghan Expected to Stir Tensions with Royal Circles
Pipeline Attack Cuts Significant Share of Saudi Arabia’s Oil Export Capacity
UK Stocks Rise on Ceasefire Momentum and Renewed Focus on Diplomacy
UK to Hold Further Strategic Talks on Strait of Hormuz Security
Starmer Voices Frustration as Global Tensions Drive Up UK Energy Costs
UK Students Voice Concern Over Proposal for Automatic Military Draft Registration
Rising Volatility Drives Uncertainty in UK Fuel and Petrol Prices
UK Moves to Deploy ‘Skyhammer’ Anti-Drone System to Strengthen Airspace Defense
New Analysis Explores UK Budget Mechanics in ‘Behind the Blue’ Feature
Man Arrested After Four Die in Channel Crossing Tragedy
UK Tightens Immigration Framework with New Sponsor Rules and Fee Increases
UK Foreign Secretary Highlights Impact of Intensified Strikes in Lebanon
UK Urges Inclusion of Lebanon in US-Iran Ceasefire Framework
×