Meta Attempted Negotiations to Settle Antitrust Lawsuit
Meta Platforms CEO Mark Zuckerberg last month offered to pay $450 million to settle an antitrust case brought by the Federal Trade Commission—far less than the $30 billion demanded by the FTC—The Wall Street Journal reported Tuesday. That case went to trial on Monday in Washington, where …
Related Knowledge Center: Social media
Social media platforms are the source of news for millions of people — and they have a fraught and ever-shifting relationship with the enterprises that provide that news.
The TikTok ban | The Meta-FTC trial
Related Knowledge Center: Media and the law
Toxic politics and vast shifts in the technology landscape have created a plethora of thorny issues — both legal and ethical — for newsrooms, courts, and regulators.
The Meta-FTC trial | Section 230
Related Knowledge Center: The Meta-FTC trial
The Federal Trade Commission charges that Meta monopolized social networking via Facebook’s acquisitions of Instagram and WhatsApp. The trial concluded in May and now awaits a judge’s opinion in the U.S. District Court for D.C. The case is being closely watched as other antitrust lawsuits target Google and Apple.
Media and the law | Social media