Meta Faces Antitrust Trial Threatening Instagram, WhatsApp
Meta Faces Antitrust Trial Threatening Instagram, WhatsApp

Meta Faces Antitrust Trial Threatening Instagram, WhatsApp

News summary

Meta is currently facing a pivotal antitrust trial initiated by the Federal Trade Commission (FTC), which accuses the company of illegally maintaining a monopoly in social media through its acquisitions of Instagram and WhatsApp. The FTC argues that these purchases eliminated potential competition, with evidence suggesting that Meta's leadership recognized both platforms as threats before acquiring them. If the FTC prevails, it could force Meta to divest from these apps, marking a significant shift in the tech landscape. Meta's defense claims that the acquisitions have ultimately benefited consumers by enhancing the platforms. The trial, which may last several weeks, involves testimonies from CEO Mark Zuckerberg and other key executives, and highlights broader government efforts to regulate Big Tech. The outcome could have far-reaching implications not only for Meta but also for industries reliant on Instagram for marketing and sales.

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