Connect with us

Hi, what are you looking for?

Assets Under ControlAssets Under Control

Tech News

Meta must face FTC trial that could separate Instagram and WhatsApp

Illustration by Nick Barclay / The Verge

Meta must face the Federal Trade Commission’s antitrust lawsuit that accuses the company of dominating the social media industry through its acquisitions of Instagram and WhatsApp, a DC District Court Judge ruled on Wednesday.

The FTC filed a lawsuit against Meta in 2020, alleging the company bought up rivals — Instagram and WhatsApp — in an attempt to stifle competition. Judge James Boasberg initially dismissed the FTC’s lawsuit in 2021, but the agency filed an amended complaint, which he ultimately let proceed.

Meta once again asked the court to dismiss the FTC’s case in April. Boasberg has now ruled largely in favor of the FTC, though he dismissed a claim that Meta acted anticompetitively by preventing developers from accessing its…

Continue reading…

You May Also Like

Editor's Pick

Marc Joffe In recent posts, I have looked at costly light rail projects in Austin and Minneapolis whose sponsors are seeking federal funding. Not...

Editor's Pick

Vanessa Brown Calder President-elect Donald Trump has signaled an appetite for change with his new Department of Government Efficiency and various cabinet picks. While...

Politics

Rep. Seth Moulton, D-Mass., suggested he has gotten more support than publicly known from fellow House Democrats after speaking out about how the party...

Tech News

Photo: Allison Johnson / The Verge Apple has begun selling repair parts for iPhone 16 and 16 Pro phones on its self-service repair store....

Generated by Feedzy