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As previously mentioned, the FTC's argument is built around Meta monopolizing the "friends and family" networking space, which includes Snapchat and even smaller platforms like MeWe. (Zuckerberg ...
Meta argues that the FTC has crafted a purpose-built definition of a market just to go after the company. During his testimony on Tuesday, Zuckerberg politely resisted questions from the FTC that ...
In response to questioning from an FTC attorney, Zuckerberg said he thought Snapchat “wasn’t growing at the potential that it could” and that his company would have improved the app.
While the FTC identified Snapchat and MeWe as the only independent players left in this market, it's remarkable the two had sidestepped the digital graveyard in Meta's wake.
If the FTC convinces U.S. District Judge James Boasberg that Meta’s 2012 and 2014 acquisitions of Instagram and WhatsApp were illegal, the agency will try to split up the $1.4 trillion company.
Meta asked a federal judge Thursday to toss the Federal Trade Commission’s (FTC) case against the social media giant, arguing the agency failed to prove at trial that the company violated ...
The FTC argued that Meta has an illegal monopoly over a narrowly-defined market of social media firms built on friends-and-family connections, with Snapchat as its only real competitor.
The FTC and Meta began trial, with the agency alleging Meta's anticompetitive acquisitions to maintain dominance. FTC Chairman Andrew Ferguson weighs in on the antitrust case.
The FTC’s case is one of extreme cynicism. It was never a given that WhatsApp or Instagram would flourish under Meta’s stewardship, and many witnesses testified as much.
The US Federal Trade Commission's trial against Meta begins in Washington, DC, on Monday, as the tech giant fights to avoid the spinoff of Instagram and WhatsApp. The FTC alleges that Meta ...
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