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Meta must face antitrust trial by FTC
Meta will face antitrust trial over Instagram, WhatsApp acquisitions
Facebook owner Meta Platforms must face trial in a U.S. Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media,
Meta must face FTC trial that could separate Instagram and WhatsApp
In a statement to The Verge, Meta spokesperson Christopher Sgro said the company is “confident” the trial will show its acquisitions of Instagram and WhatsApp were “good”
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
EU issues €797M antitrust fine to Meta
Meta hit with $840 million EU fine over antitrust concerns
The European Commission, the executive arm of the European Union, has hit Meta, the company that owns Facebook, Instagram, and Threads, with a fine worth $840 million for what it classifies as an antitrust violation.
Meta Hit with €798M Fine for Facebook Marketplace Antitrust Violations
The EU fines Meta €798M for antitrust violations, citing unfair competition and tying Facebook Marketplace to the social network.
Meta fined 798 million euros ($846m) for breaking EU antitrust rules
The EU’s European Commission issued the fine of 797.72 million euros ($846.13m) on Thursday. It accused Meta, which owns social media platform Facebook, of marketplace practices that give its own ad service an undue advantage over competitors.
Opinion
R Street Institute
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Opinion
Antitrust and Tech: What a Trump Administration Should Change
One of the Biden administration’s most significant impacts on U.S. technology and innovation has been its aggressive shift in antitrust enforcement, with Big Tech companies its most prominent target.
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Meta Will Get Its Unwanted Day in Antitrust Court
A federal judge ruled on Wednesday that an FTC complaint alleging that Facebook's acquisitions of Instagram and WhatsApp were ...
1d
Meta to face US antitrust trial over acquisitions of Instagram and Whatsapp
The lawsuit was originally brought by the Federal Trade Commission in 2020 under the first Trump administration.
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