Meta faces antitrust claims at trial over Instagram and WhatsApp ownership
Facebook parent faces threats of illegal social media monopoly after spending billions to acquire two platforms
Facebook parent Meta Platforms faces a high-stakes trial in Washington starting on Monday on claims it built an illegal social media monopoly by spending billions of dollars to acquire Instagram and WhatsApp, in a case in which US antitrust enforcers seek to unwind the deals.
The acquisitions more than a decade ago aimed to eliminate nascent competitors who could threaten Facebook’s status as the go-to social media platform for users to connect with friends and family, the US Federal Trade Commission claims. It filed the case in 2020 during Donald Trump’s first term.
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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.
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