Reported 3 days ago
Meta Platforms is set to confront a significant antitrust lawsuit from the U.S. government, with the potential to compel Mark Zuckerberg to divest from major assets like Instagram. As Meta prepares for trial in Washington D.C., the case follows allegations that Facebook abused its monopoly power to acquire rival companies rather than compete. The outcome could have major implications for Meta’s future and its $1.3 trillion valuation.
Source: YAHOO