Meta Will Face Antitrust Trial Over Instagram, WhatsApp Acquisitions



Facebook owner Meta Platforms must face trial in a US Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media, a judge in Washington ruled on Wednesday.

Judge James Boasberg largely denied Meta’s motion to end the case filed against Facebook in 2020, during the Trump administration, alleging that the company acted illegally to maintain its social network monopoly.

Meta, then known as Facebook, overpaid for Instagram in 2012 and WhatsApp in 2014 to eliminate nascent threats instead of competing on its own in the mobile ecosystem, the FTC claims.

Boasberg let that claim stand, but dismissed the FTC’s allegation that Facebook bolstered its dominance by restricting third-party app developers’ access to the platform unless they agreed not to compete with its core services.

“We are confident that the evidence at trial will show that the acquisitions of Instagram and WhatsApp have been good for competition and consumers,” a Meta spokesperson said on Wednesday.

FTC spokesperson Douglas Farrar said that the case filed during the Trump administration and refined under Biden “represents a bipartisan effort to curtail Meta’s monopoly power and restore competition to ensure freedom and innovation in the social media ecosystem.”

At trial, Meta will not be allowed to argue the WhatsApp acquisition boosted competition by strengthening its position against Apple and Google, Boasberg ruled.

The judge said he would release a detailed order later on Wednesday after the FTC and Meta have had a chance to redact any sensitive commercial information.

A trial date in the case has not been set.

Meta had urged the judge to dismiss the entire case, saying it depended on an overly narrow view of social media markets, and did not take into account competition from ByteDance’s TikTok, Google’s YouTube, X, and Microsoft’s LinkedIn.

The case is one of five blockbuster lawsuits where antitrust regulators at the FTC and US Department of Justice are going after Big Tech.

Amazon.com Inc and Apple are both being sued, and Alphabet’s Google is facing two lawsuits, including one where a judge recently found it unlawfully thwarted competition among online search engines.

© Thomson Reuters 2024

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)



Source link

Share

Latest Updates

Frequently Asked Questions

Related Articles

NASA reestablishes contact with one of two TRACERS satellites

WASHINGTON — NASA has restored contact with one of a pair of space...

tata technologies: Tata Technologies to fully acquire ES-Tec Group for nearly Rs 775 crore

Global product engineering and digital services firm Tata Technologies on Saturday said it...

Albania Appoints an AI as Government Official

Albania has appointed the world's first-ever AI government official in hopes of rooting...
sabung ayam online sabung ayam online sabung ayam online sabung ayam online sabung ayam online Sabung Ayam Online Sv388 Sv388 SV388 sabung ayam online sabung ayam online Sabung Ayam Online sabung ayam online sabung ayam online sabung ayam online Sabung ayam online Sabung ayam online SV388 sabung ayam online sabung ayam online sabung ayam online sabung ayam online sabung ayam online sabung ayam online SV388 sabung ayam online SV388 SV388 Sabung Ayam Online Sabung Ayam Online Sabung Ayam Online Sabung Ayam Online Sv388 SV388 SV388 sabung ayam online sv388 sv388 sabung ayam online sv388
judi bola judi bola Judi bola SBOBET judi bola judi bola judi bola Judi Bola Online judi bola judi bola judi bola judi bola judi bola judi bola juara303 juara303 Judi bola online judi bola judi bola judi bola judi bola judi bola judi bola judi bola judi bola SBOBET judi bola judi bola judi bola Judi Bola SBOBET88 SBOBET88 judi bola judi bola judi bola JUDI BOLA ONLINE JUDI BOLA ONLINE SBOBET88 Judi Bola Judi Bola judi bola judi bola judi bola judi bola judi bola Judi Bola Online judi bola judi bola judi bola judi bola mix parlay
CASINO ONLINE SLOT GACOR live casino mahjong ways Live Casino Online Slot Gacor Mahjong Ways slot pulsa Casino Online Slot Gacor Mix Parlay live casino online live casino online LIVE CASINO ONLINE LIVE CASINO ONLINE slot pulsa slot pulsa slot pulsa Mpo Slot
https://ejurnal.staidarulkamal.ac.id/ https://doctorsnutritionprogram.com/ https://nielsen-restaurante.com/ https://www.atobapizzaria.com.br/ https://casadeapoio.com.br/ https://bracoalemao.com.br/ https://letspetsresort.com.br/ https://mmsolucoesweb.com.br/ https://procao.com.br/
Rahasia Kemenangan di Mahjong Wild Pemain Tidak Menyangka Pola Scatter Jangan Anggap Remeh Mahjong Wild Pemain Pemula Heran Setelah Coba Mahjong Wild Menemukan Pola Rahasia yang Bikin Scatter Muncul Pola Scatter Rahasia yang Baru Terbongkar Pola Rahasia Pemain Pemula Terbongkar Mereka Ketagihan Karena Sering Dapat Kemenangan Mereka Ketagihan Karena Sering Dapat Kemenangan Trik Sederhana Saat Taruhan Kecil Pola Wild Liar Tersembunyi Bisa Menggandakan uang Pola Rahasia Baru Bisa Menghasilkan Wild Buktikan Pola Wild Liar dan Scatter Hitam Kaya Setelah Main Mahjong Wild Pria Asal Nepal Obrak-Abarik Kantor DPR