Antitrust lawsuit against Meta heads to trial in effort to break up social media giant
An antitrust case aimed at breaking up social media giant Meta is heading to trial. That's after a federal judge partly denied a request for summary judgment from the parent company of Facebook. The Federal Trade Commission alleges Meta overpaid for Instagram in 2012 and WhatsApp in 2014 to stifle competition.
Meta To Face Antitrust Trial Over Alleged Anti-competition Acquisitions
Meta Platforms, the parent company of Facebook, will face trial in a US Federal Trade Commission (FTC) lawsuit seeking its break-up over claims that it acquired Instagram and WhatsApp to stifle competition in the social media market.
A federal judge ruled Wednesday that a Federal Trade Commission lawsuit accusing Facebook owner Meta of holding an illegal ...
A judge largely denied Meta's motion to end the case filed against Facebook in 2020 alleging that the company acted illegally ...
Facebook owner Meta Platforms must face trial in a U.S. Federal Trade Commission lawsuit seeking its break-up over claims ...
In a statement to The Verge, Meta spokesperson Christopher Sgro said the company is “confident” the trial will show its ...
The Federal Trade Commission will get a chance to argue its case for Meta’s breakup in court. On Wednesday, US District Judge ...
FTC claims that Meta has a "monopoly" and has “wilfully” maintained that power by purchasing WhatsApp and Instagram.
A federal judge ruled on Wednesday that an FTC complaint alleging that Facebook's acquisitions of Instagram and WhatsApp were ...
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