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About two years later, the company snatched up the chat tool WhatsApp for roughly $22 billion. The FTC, one of the nation’s antitrust enforcement agencies, wants Judge James Boasberg to hold the ...
While this case appears centered on U.S. competition policy, the consequences of a potential WhatsApp divestiture stretch far beyond American borders. The FTC’s argument centers on Meta’s ...
For five weeks, the Federal Trade Commission asked a federal judge to imagine a world where Instagram and WhatsApp flourished outside Meta’s control instead of being acquired by the tech giant. In the ...
The strength of the FTC’s case primarily comes from evidence of Meta’s alleged anticompetitive intent behind buying Instagram and WhatsApp, she tells The Verge. The FTC’s amended complaint ...
The trial, which starts on Monday, could force Meta to divest Instagram and WhatsApp, two of the most widely used social media platforms in the world. Newsweek has contacted Meta and the FTC for ...
We’re on Spotify too. Paresh Dave: The FTC is trying to get Facebook to sell off WhatsApp and Instagram. That's huge. Zoë Schiffer: That's a big deal. Let's start with what the FTC is actually ...
The FTC argues that when Meta acquired Instagram, in 2012, and WhatsApp, two years later, that it was part of a strategy to eliminate competition and maintain monopoly power over the social media ...
The Federal Trade Commission (FTC) and Meta have wrapped up a six-week trial over the Facebook and Instagram parent’s alleged social networking monopoly, leaving the final decision in the hands of ...
The FTC claims that market consists of just four platforms — Meta-owned Instagram and WhatsApp, plus Snapchat and a much smaller app called MeWe. But Zuckerberg didn’t take Matheson’s bait ...
Meta Platforms faces trial over allegations of illegally monopolizing social media by acquiring Instagram and WhatsApp. The FTC seeks to force Meta to restructure or divest parts of its business ...
Meta, the parent company of Facebook, Instagram and WhatsApp, is facing off with the Federal Trade Commission on Monday, for Day one of a landmark antitrust trial that could result in the company ...
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