Article 6S6M2 Meta must face FTC trial that could separate Instagram and WhatsApp

Meta must face FTC trial that could separate Instagram and WhatsApp

by
Emma Roth
from The Verge - All Posts on (#6S6M2)
STK043_VRG_Illo_N_Barclay_1_Meta.0.jpg Illustration by Nick Barclay / The Verge

Meta must face the Federal Trade Commission's antitrust lawsuit that accuses the company of dominating the social media industry through its acquisitions of Instagram and WhatsApp, a DC District Court Judge ruled on Wednesday.

The FTC filed a lawsuit against Meta in 2020, alleging the company bought up rivals - Instagram and WhatsApp - in an attempt to stifle competition. Judge James Boasberg initially dismissed the FTC's lawsuit in 2021, but the agency filed an amended complaint, which he ultimately let proceed.

Meta once again asked the court to dismiss the FTC's case in April. Boasberg has now ruled largely in favor of the FTC, though he dismissed a claim that Meta acted anticompetitively by preventing developers from accessing its...

Continue reading...

External Content
Source RSS or Atom Feed
Feed Location http://www.theverge.com/rss/index.xml
Feed Title The Verge - All Posts
Feed Link https://www.theverge.com/
Reply 0 comments