Meta antitrust trial: updates from the monopoly battle with the FTC

2 weeks ago 6

A long-awaited proceedings betwixt Meta and the Federal Trade Commission kicks disconnected connected April 14th. Over astir 2 months, DC District Court Judge James Boasberg volition perceive arguments astir whether Facebook illegally monopolized the marketplace for idiosyncratic societal networking services done its 2012 and 2014 acquisitions of Instagram and WhatsApp.

The FTC archetypal brought the lawsuit successful precocious 2020, and portion it was initially thrown retired by the judge, helium fto an amended mentation determination guardant due to the fact that the authorities had beefed up details astir wherefore Meta is allegedly a monopoly. This signifier of the proceedings volition assistance the justice find if Meta is liable for breaking antitrust laws. If helium finds it is, he’ll aboriginal regularisation connected however its harms should beryllium remedies — including perchance by breaking it up.

The Meta proceedings is the 3rd proceedings seeking to interruption up a tech monopoly successful caller years, pursuing the Justice Department’s 2 abstracted cases against Google implicit its hunt and advertisement tech businesses. CEO Mark Zuckerberg has personally lobbied President Donald Trump to effort to debar the trial.

Read beneath for each of our updates connected the case.

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