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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The Federal Trade Commission, joined by 46 states, the District of Columbia, and Guam, files major antitrust lawsuit against Facebook alleging illegal monopolization through systematic acquisition of competitors Instagram and WhatsApp. The FTC seeks structural breakup of Facebook through forced …
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Facebook acquires WhatsApp for $19 billion, the largest tech acquisition to date, eliminating its primary competitor in mobile messaging and consolidating monopoly control over personal communications platforms. The FTC approves the acquisition without structural separation requirements despite …
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