Antitrust Case Against Meta Reaches Conclusion, Instagram and WhatsApp Potentially Facing Divestiture
1 week ago / Read about 0 minute
Author:小编   

The Federal Trade Commission's (FTC) antitrust lawsuit against Meta has concluded hearings at the United States District Court for the District of Columbia. At the heart of the case lies the question of whether Meta illegally monopolized the personal social networking market through its acquisitions of Instagram and WhatsApp. Both parties are set to submit written statements within the next four months, with the judge anticipated to issue a ruling within the year. Should the FTC emerge victorious, Meta may be compelled to divest the aforementioned businesses, although the entire case could drag on for several years. A key point of contention between Meta and the FTC revolves around the definition of the "social networking market." Expert insights indicate that the FTC stands a strong chance of success, yet breaking up Meta would prove challenging. The ultimate outcome of this case could significantly impact the future acquisition strategies of large U.S. corporations.