Meta Will Face Antitrust Trial Over Instag…
On Wednesday, a Washington judge ruled that Meta must face a trial in a case filed by the FTC in 2020.The case claims that Meta's acquisitions of Instagram in 2012 and WhatsApp in 2014 were part of a strategy to crush competition.Meta is confident that it will win in court. ...
FAQs about Meta Will Face Antitrust Trial Over Instag… Coupon?
Will Meta face trial over Instagram and WhatsApp acquisitions?
A federal judge has ruled that Meta will face trial over its acquisitions of Instagram and WhatsApp. The FTC alleges that Meta purchased these companies to stifle competition in the social media market. While the judge dismissed some of the FTC's claims, the core argument regarding anti-competitive acquisitions will proceed to trial. ...
Will Meta's Instagram & WhatsApp trial prove 'good' for consumers?
In a statement to The Verge, Meta spokesperson Christopher Sgro said the company is “confident” the trial will show its acquisitions of Instagram and WhatsApp were “good” for consumers. ...
Does meta have a market share?
The FTC claims that Meta has a “dominant share” of the artificial “personal social networking services market,” but its market share numbers are meaningless without a properly defined market. And, as the FTC itself acknowledges, Meta’s products are offered for free and in unlimited quantities – and always have been. ...
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