Meta's historic antitrust trial could force Zuckerberg to break off Insta, WhatsApp
The FTC initiated a high-stakes trial against Meta Platforms, alleging anti-competitive acquisitions of Instagram and WhatsApp to stifle competition. The FTC argues Meta's actions eliminated consumer alternatives and seeks to unwind the deals. Meta defends its acquisitions, calling the case weak and a deterrent to tech investment, while the trial's outcome could significantly impact Meta's structure and revenue streams.
The FTC initiated a high-stakes trial against Meta Platforms, alleging anti-competitive acquisitions of Instagram and WhatsApp to stifle competition. The FTC argues Meta's actions eliminated consumer alternatives and seeks to unwind the deals. Meta defends its acquisitions, calling the case weak and a deterrent to tech investment, while the trial's outcome could significantly impact Meta's structure and revenue streams. What's Your Reaction?
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