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Meta Platforms is gearing up for a critical legal confrontation with the Federal Trade Commission (FTC) as it faces accusations of antitrust violations related to its acquisitions of Instagram and WhatsApp. This high-stakes case, set to begin on April 14, could threaten Meta's dominant position in the social media landscape and may result in the company being compelled to divest its major acquisitions. As Meta's stock trends downward and negative headlines accumulate, the outcome of this lawsuit holds significant implications not only for the company but for tech regulation as a whole.
Source: YAHOO