Judge James Boasberg ruled that Meta does not hold an illegal monopoly in personal social networking, dismissing the FTC’s five-year antitrust case seeking to force divestiture of Instagram and WhatsApp despite extensive evidence of Meta’s “buy or bury” strategy to eliminate …
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Meta said political content from accounts users do not follow would be non-recommended by default on Instagram and Threads, with an opt-in setting to see such content.
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U.S. District Court Judge Edward Davila (N.D. Cal.) denied the Federal Trade Commission’s request for a preliminary injunction to halt Meta’s acquisition of Within Unlimited, a VR fitness app developer, on January 31, 2023. The FTC had sued to block the merger in July 2022, arguing Meta …
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Facebook acquired photo-sharing app Instagram for billion, implementing what the FTC would later characterize as a ‘buy or bury’ strategy to eliminate competitive threats. Internal emails revealed CEO Mark Zuckerberg explicitly stated the acquisition was motivated by a desire to …
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