Facebook's copycat behavior was reportedly tracked by Snapchat in a dossier called 'Project Voldemort' - and Snap may have given it to the FTC to help its investigation into the social media giant
- The FTC is investigating Facebook over concerns with its business practices, and it's reportedly getting some help from a dossier known as "Project Voldemort."
- The dossier is said to document Facebook's anti-competitive practices, and was kept by Snap's legal team, according to a new report in The Wall Street Journal from Georgia Wells and Deepa Seetharaman.
- "Dozens" of executives and developers are reportedly speaking with the FTC, including startup execs who lost their companies after losing access to Facebook's platform and founders who sold to Facebook.
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As the US government investigates Facebook for potential antitrust violations, some of Facebook's biggest rivals are said to be getting involved.
Snap, the company behind Snapchat, is reportedly providing the Federal Trade Commission with a dossier documenting what it considers anti-competitive behavior from the social media giant.
The dossier's name is Project Voldemort, according to a new report from The Wall Street Journal's Georgia Wells and Deepa Seetharaman.
Facebook is notorious for replicating features, created by its competitors, for its platforms - Facebook itself, Instagram, and WhatsApp. Instagram Stories, for instance, is widely seen as a ripoff of Snap Stories. Camera filters on Facebook were first pioneered on Snapchat. The list goes on and on.
Read more: Facebook says the FTC is officially investigating it over antitrust concerns
Snap was reportedly documenting those instances in its "Project Voldemort" dossier, which it is said to be sharing with the FTC. And it's not the only one who's said to be working with the FTC: The WSJ report cites "executives from startups that became defunct after losing access to Facebook's platform" and "founders who sold their companies to Facebook."
Representatives for Snap, Facebook, and the FTC didn't respond to requests for comment as of publishing.