Based on Fb's Sandberg, the federal government shouldn’t approve mergers and later revoke them
Sheryl Sandberg, CEO of Facebook Inc.
David Paul Morris | Bloomberg | Getty Images
Sheryl Sandberg, Facebook COO, recently argued against the two antitrust lawsuits filed earlier this week that could lead to the divestment of Instagram and WhatsApp. The acquisitions of Facebook for 2012 and 2014 have already been approved by the US government.
"These acquisitions have been approved, and if you can buy a company, and eight years, ten years later, the government can run them and run them – that's going to be a really big problem for American business, we're not going to be competitive." all over the world, "Sandberg said in an interview with Tamron Hall posted on Thursday.
Sandberg's comments were in line with Facebook's Wednesday in response to lawsuits filed by the Federal Trade Commission and a coalition of attorneys-general from 48 states and territories.
Sandberg also argued against the notion that Facebook is not exposed to competition.
"There's our services, but there's iMessage, there's TikTok, there's Snapchat, many of which have grown really big very quickly," said Sandberg. "I can't get my own kids to post on Instagram because they're so busy with Snapchat and TikTok. You know, if you want power for your home today, you have a choice, but you have a lot of choice for yours Time and attention. "