Meta to Stand Trial in April Over Instagram Merger Controversy

Reported about 3 hours ago

Meta Platforms is set to face trial in April regarding the Federal Trade Commission's claims that the company unlawfully acquired Instagram and WhatsApp to eliminate competition. The FTC's lawsuit, initiated in 2020, accuses Meta of maintaining a monopoly by overpaying for the platforms, and the judge has dismissed Meta's attempt to have the case thrown out.

Source: YAHOO

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