Meta ordered to face FTC’s antitrust lawsuit over Instagram, WhatsApp acquisitions
Facebook owner Meta Platforms must face trial in a Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media, a judge in Washington ruled Wednesday. Judge James ...
A federal judge ruled on Wednesday that an FTC complaint alleging that Facebook's acquisitions of Instagram and WhatsApp were ...
Meta must face trial in an antitrust case brought by the Federal Trade Commission (FTC) over its acquisitions of Instagram ...
Back in 2020, the FTC sued Meta alleging the company illegally dominated the U.S. personal social-networking market by buying up emerging rivals, such as Instagram and WhatsApp. Published first on ...
The lawsuit was originally brought by the Federal Trade Commission in 2020 under the first Trump administration.
Meta, then known as Facebook, overpaid for Instagram in 2012 and WhatsApp in 2014 to eliminate nascent threats instead of ...
WhatsApp is helping Meta generate new revenue growth, and it shows how the company can benefit as users move from public ...
This year's Shonky Awards have been announced, with Facebook parent company Meta amongst the winners for its "inadequate ...
Meta's WhatsApp for Business emerges as key revenue driver with 48% YoY growth in non-ad earnings, showcasing successful ...
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