In the FTC's antitrust case against Meta, TikTok is viewed as the primary rival, while a small platform called MeWe is highlighted as a competitor. MeWe operates on the Frequency blockchain, allowing users to connect across different apps. However, its user base remains ambiguous and may not have widespread recognition. The FTC argues that Meta's historical acquisitions of Instagram and WhatsApp were strategies to eliminate threats to its dominance in social networking, which could have significant implications for the ongoing case against Meta.
The FTC argues that Meta views itself in a competition market for connecting friends online, claiming its acquisitions of Instagram and WhatsApp were intended to eliminate competition.
MeWe is a small blockchain-based platform that some claim is a competitor to Facebook and Instagram, but its user base remains obscure and limited.
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