Meta faces antitrust trial: FTC’s case against Instagram and WhatsApp acquisitions moves forward
internetcases » cases 2024-11-24
Summary:
The Federal Trade Commission (FTC) is taking Facebook’s parent company, Meta Platforms, to task over allegations that Meta’s acquisitions of Instagram in 2012 and WhatsApp in 2014 were anticompetitive. A recent ruling in the case allowed the FTC’s key claims to proceed, marking a significant step in the government’s effort to curtail what it alleges…