FTC seeks to unwind Meta's Instagram, WhatsApp acquisitions
FTC seeks to unwind Meta's Instagram, WhatsApp acquisitions

FTC seeks to unwind Meta's Instagram, WhatsApp acquisitions

News summary

Meta Platforms faces a significant antitrust trial initiated by the U.S. Federal Trade Commission (FTC) in Washington, claiming the company illegally monopolized the social media market by acquiring Instagram and WhatsApp. The FTC alleges these acquisitions suppressed competition and seeks to have Meta divest these platforms, potentially reshaping the tech landscape. Meta's Chief Legal Officer described the case as weak and harmful to investment, arguing that the acquisitions were approved at the time and have enhanced user experience. The trial, which began in April 2025, may have far-reaching implications for the future of large tech companies and could set precedents for regulatory actions against them. CEO Mark Zuckerberg is expected to testify, defending the company's actions amid claims that it no longer holds a monopoly due to competition from platforms like TikTok and YouTube. The outcome of this case could influence not only Meta's business model but also the broader tech industry, opening avenues for similar lawsuits against other major firms.

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Last Updated
2 days ago
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