What we’ve learned from FTC v. Meta antitrust trial
6 months ago
7
Meta is facing its biggest existential threat in its history. Years after the Federal Trade Commission first sued the social network in an attempt to unwind its acquisitions of Instagram and WhatsApp, the trial that will shape its future is finally underway. FTC v. Meta began last month when CEO Mark Zuckerberg took the stand, and is expected to last for several weeks.
The FTC is hoping to prove to US District judge James Boasberg that Meta’s acquisitions of its one-time rivals were anticompetitive and hurt US consumers. Meta, meanwhile, has argued that Instagram and WhatsApp w...
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6 months ago
7
English (US) ·