The Federal Trade Commission and a coalition of 47 states attorneys general today filed a pair of long-awaited antitrust suits against Facebook, alleging that the company abused its power in the marketplace to neutralize competitors through acquisitions and prevent anyone else from presenting a more privacy-friendly alternative to consumers.

“By using its vast troves of data and money, Facebook has quashed or hindered what the company perceived as potential threats,” New York Attorney General Letitia James, who led the states’ effort, said. “In an effort to maintain its market dominance, Facebook has employed a strategy to impede competing services.”