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Meta Asks a Judge to Throw Out FTC Antitrust Lawsuit

Meta Asks a Judge to Throw Out FTC Antitrust Lawsuit

Meta, the company formerly known as Facebook, is asking a judge to dismiss the Federal Trade Commission’s (FTC) lawsuit that seeks to force Meta to sell off its messaging platforms, WhatsApp and Instagram. The FTC originally filed the lawsuit in December 2021, arguing that Meta had stifled competition by acquiring these popular apps in 2012 and 2014, respectively.

In its defense, Meta argues that the FTC had already approved both acquisitions when they happened and that both Instagram and WhatsApp are now better products as a result of being integrated with the larger Meta ecosystem. Meta goes on to claim that the FTC has not been able to prove that it has a monopoly in the social media space, nor that the acquisitions have harmed consumers.

The FTC’s lawsuit against Meta is just one front in a larger battle over the power and influence of big tech companies. Regulators around the world are scrutinizing the practices of these companies, concerned that they may be using their market dominance to stifle competition and innovation.

Meta Asks a Judge to Throw Out FTC Antitrust Lawsuit

Meta Asks a Judge to Throw Out FTC Antitrust Lawsuit

Meta, the company formerly known as Facebook, is asking a judge to dismiss the Federal Trade Commission’s (FTC) lawsuit that seeks to force Meta to sell off its messaging platforms, WhatsApp and Instagram. The FTC originally filed the lawsuit in December 2021, arguing that Meta had stifled competition by acquiring these popular apps in 2012 and 2014, respectively.

In its defense, Meta argues that the FTC had already approved both acquisitions when they happened and that both Instagram and WhatsApp are now better products as a result of being integrated with the larger Meta ecosystem. Meta goes on to claim that the FTC has not been able to prove that it has a monopoly in the social media space, nor that the acquisitions have harmed consumers.

The FTC’s lawsuit against Meta is just one front in a larger battle over the power and influence of big tech companies. Regulators around the world are scrutinizing the practices of these companies, concerned that they may be using their market dominance to stifle competition and innovation.