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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 must face trial in FTC antitrust lawsuit, judge rules
A federal judge ruled Wednesday that Meta must face trial in an antitrust case brought by the Federal Trade Commission (FTC) over the social media giant’s acquisitions of Instagram and
Meta will face antitrust trial over Instagram, WhatsApp acquisitions
A U.S. judge ruled that the Federal Trade Commission's lawsuit against Meta Platforms, alleging the company illegally maintained a social media monopoly, can proceed to trial. The FTC claims Meta's acquisitions of Instagram and WhatsApp eliminated competition,
US judge rules that Meta needs to face FTC antitrust lawsuit
FTC claims that Meta has a "monopoly" and has “wilfully” maintained that power by purchasing WhatsApp and Instagram.
Meta to face FTC trial over Instagram and WhatsApp acquisitions - Reuters
According to a Reuters report, a Washington judge ruled Wednesday that Meta (NASDAQ:META) must face trial in a lawsuit brought by the Federal Trade Commission, which is seeking its breakup, alleging the social media giant bought Instagram and WhatsApp to eliminate emerging competition.
Meta will go to trial over WhatsApp and Instagram acquisitions
Facebook owner Meta Platforms must face trial in a lawsuit seeking its break up over claims it bought Instagram and WhatsApp to squash competition
FTC antitrust case against Meta can move to trial, court rules
A federal judge ruled Wednesday that a Federal Trade Commission lawsuit accusing Facebook owner Meta of holding an illegal monopoly over social media can proceed to trial, handing the agency a victory after previous setbacks in making its case in court.
Meta Must Face Trial After Judge Pares Some FTC Claims
Meta Platforms Inc. will face a somewhat scaled-back antitrust trial over its alleged dominance of social networking after a federal judge threw out some allegations by the US Federal Trade Commission,
Meta ordered to face FTC’s antitrust lawsuit over Instagram, WhatsApp acquisitions
A judge largely denied Meta's motion to end the case filed against Facebook in 2020 alleging that the company acted illegally to maintain its social network monopoly.
Opinion
2d
Opinion
Schuette: Lawmakers must hold social media giants accountable
Bill Schuette served as Michigan's attorney general from 2011 to 2019. He also served as a member of the House of ...
1h
Elon Musk says he and Trump have ‘mandate to delete’ regulations. Ethics laws could limit Musk role
It’s not the first time a president has empowered a business tycoon to look for ways to dramatically cut federal regulations.
Opinion
2d
on MSN
Opinion
Donald Trump's Victory Could Mean Greater Diversity of Online Voices | Opinion
When President-Elect Donald Trump enters the White House for his second term, significant transformations are poised to occur ...
3d
Top scams targeting our military heroes and how to avoid them
Shameless scammers trick veterans into giving personal info or cash. Tech expert Kurt “CyberGuy" Knutsson explores five ...
9&10 News
1d
Should social media platforms carry warning labels? Two senators think so.
introduced the Stop the Scroll Act, which would create a mental health warning label requirement for
social
media
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