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"Simply put, the FTC and Meta will fight about what constitutes the relevant market—only interactive social media platforms, meaning Meta controls ... and quality on privacy and data protection ...
The government wants to show the Meta CEO bought Instagram and WhatsApp to snuff out social media competition.
The FTC, one of the nation’s antitrust enforcement agencies, wants Judge James Boasberg to hold the tech giant liable for executing these mega deals to illegally maintain a social media monopoly.
In its complaint, the FTC accuses Meta of "anticompetitive conduct," alleging that the company's ownership of Instagram and WhatsApp gives it excessive control of the social media market.
While Meta continues to see strong growth in its social media metrics, its dominance is now under intense scrutiny. The ongoing FTC antitrust trial challenges the company’s acquisitions and ...
lags behind — TikTok in the present-day social media race, an argument meant to undercut the FTC’s case that Meta controls a social media monopoly. Zuckerberg acknowledged that Reels ...
Federal Trade Commission (FTC) Chairman Andrew Ferguson weighed in on the agency’s antitrust case against social media giant Meta Platforms in a Monday appearance on "Mornings with Maria." ...
Zuckerberg immediately pushed back on the FTC’s attempt to define Meta as being dominant among social media firms that are built on sharing between friends and family — with Snapchat and ...
more time is spent on TikTok and YouTube than on either Facebook or Instagram — if you only add TikTok and YouTube into the FTC’s social media market definition, Meta has <30% market share.” There has ...