Meta* will appear in court in a lawsuit filed by the US Federal Trade Commission (FTC), The Verge reports, citing a decision by a judge in the District Court for the District of Columbia. The department considers that the company acquired Instagram* and WhatsApp for the sake of a dominant position in the market.
Author:
https://rb.ru/author/lihanova/
Subscribe to RB.RU on Telegram
The publication points out that as a result of the process, the company could be forced to separate these social networks.
The FTC accused Meta* of buying Instagram* and WhatsApp to dominate the market in 2020, but Judge James Boasberg dismissed the lawsuit in 2021. A new version of the complaint was accepted in 2022.
In April 2024, Meta* asked the court to dismiss the FTC’s lawsuit, but the court accepted it with amendments: Meta* was acquitted of the charge that it acted anticompetitively by limiting developers’ access to APIs until They agreed not to create other competitors. applications.
The FTC lawsuit was filed during Donald Trump’s last term. The market believes that the new administration will not be as critical of mergers and acquisitions. Heads of major tech companies, including Meta* CEO Mark Zuckerberg, have already begun building relationships with the future president. Trump is also expected to fire FTC Secretary Lina Khan.
Author:
Elena Likhanova
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
