Meta faces April trial in FTC case seeking to unwind Instagram merger

Tehnologie

NEW YORK : Facebook owner Meta Platforms will face trial in April over the U.S. Federal Trade Commission's allegations that the social media platform bought Instagram and WhatsApp to crush emerging competition, a judge in Washington said on Monday. The FTC sued in 2020, during the Trump administration, alleging the company acted illegally to maintain a monopoly on personal social networks. Meta, then known as Facebook, overpaid for Instagram in 2012 and WhatsApp in 2014 to eliminate nascent

Tag-uri: Facebook Instagram WhatsApp

Meta faces April trial in FTC case seeking to unwind Instagram merger https://www.channelnewsasia.com - 25.11.2024 23:07
Meta faces April trial in FTC case seeking to unwind Instagram merger https://www.channelnewsasia.com/ - 25.11.2024 22:27

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Meta faces April trial in FTC case seeking to unwind Instagram merger https://www.channelnewsasia.com - 25.11.2024 23:07
Meta faces April trial in FTC case seeking to unwind Instagram merger https://www.channelnewsasia.com/ - 25.11.2024 22:27