Business, Finance & Tech

Meta Faces Antitrust Trial as Judge Denies Summary Judgment, FTC Alleges Anti-Competitive Acquisitions

Name: Meta Faces Antitrust Trial as Judge Denies Summary Judgment, FTC Alleges Anti-Competitive Acquisitions
Uploaded: 2024-11-14T15:30:00-08:00
Channel: NBC Palm Springs
Description: A federal judge's ruling has paved the way for an antitrust trial against Meta, Facebook's parent company, as the FTC alleges Meta's acquisitions of Instagram and WhatsApp stifled competition. Meta argues that these purchases benefit consumers and insists it faces competition from TikTok, X, and YouTube.

By: NBC Palm Springs

November 14, 2024

Meta antitrust trialFTC vs MetaFacebook antitrust caseInstagram WhatsApp acquisitionscompetition in social media

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