Cramer on Facebook antitrust lawsuits: 'Where's the smoking gun?'
Published Date: 12/10/2020
Source: CNBC Television
Facebook extended its losses in the premarket Thursday following Wednesday's announcement that the FTC and a coalition of state attorneys general filed antitrust lawsuits against the social network. The lawsuits accuse Facebook of acquiring its rivals to illegally eliminate competition and are seeking remedies that could result in forcing the company to divest Instagram and WhatsApp. CNBC's Jim Cramer, Carl Quintanilla and David Faber discuss.