Meta to Face Antitrust Trial for Instagram, WhatsApp Buys
Briefly

Judge James Boasberg's ruling indicates that Meta Platforms will face trial for allegedly acquiring Instagram and WhatsApp to stifle competition in social media.
The FTC alleges that Meta overpaid for Instagram and WhatsApp to eliminate potential competition rather than to innovate within the mobile ecosystem.
Judge Boasberg dismissed certain claims from the FTC but allowed the argument that Meta's actions were anti-competitive to proceed, highlighting the ongoing scrutiny of Big Tech.
Meta contends that the lawsuit reflects a narrow understanding of social media competition, failing to recognize other platforms like TikTok and YouTube.
Read at Newsmax
[
|
]