US EditionFTC will appeal ruling in Meta antitrust case over Instagram, WhatsApp deals
The FTC seeks to revive its 2020 antitrust case against Meta, alleging illegal monopoly by acquiring Instagram and WhatsApp, with potential remedies including divestiture, the agency said.
- The Federal Trade Commission announced on Tuesday it will appeal the Nov. 18 ruling by U.S. District Judge James Boasberg that favored Meta Platforms Inc.
- The FTC's case centers on acquisitions dating to 2012 and 2014, alleging Meta illegally maintained a monopoly by buying Instagram and WhatsApp without blocking those deals before suing in 2020.
- U.S. District Judge James Boasberg found competition from TikTok undercuts Meta's monopoly claim, contrasting with rulings that branded Google an illegal monopoly.
- The FTC is pursuing structural remedies, including forcing Meta to sell Instagram and WhatsApp, citing `Consequently, American consumers have suffered from Meta's monopoly,' Joe Simonson said.
- Seen in a wider context, the dispute fits a wave of Big Tech enforcement President Donald Trump started, while Meta Platforms Inc. said the ruling recognizes fierce competition and vows to keep investing.
27 Articles
27 Articles
FTC Appealing Loss in Antitrust Suit Against Meta
The Federal Trade Commission (FTC) plans to appeal a federal court’s decision that Meta does not hold a monopoly, the agency announced on Jan. 20. “The FTC continues to allege, and robust evidence at trial demonstrated, that for over a decade Meta has illegally maintained a monopoly in personal social networking services through anticompetitive conduct—by buying the significant competitive threats it identified in Instagram and WhatsApp,” the ag…
U.S. regulator appeals Meta's court victory in monopoly case
The U.S. Federal Trade Commission said Tuesday it was appealing a court ruling that dismissed its antitrust case against Meta, insisting the tech giant illegally monopolized social media. "Our position has not changed. Meta violated our antitrust laws when it acquired Instagram and WhatsApp," Joe Simonson, the FTC's director of…
Watauga Democrat
US regulator appeals Meta's court victory in monopoly case
The US Federal Trade Commission said Tuesday it was appealing a court ruling that dismissed its antitrust case against Meta, insisting the tech giant illegally monopolized social media.
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