Meta Faces Trial Over FTC Lawsuit Claiming Anti-Competitive Practices
Meta Platforms, Facebook’s parent company, has been ordered to show before a court over a case started by the Federal Trade Commission (FTC), accusing the juggernaut of anti-competitive activities. The FTC claims that Meta’s purchases of WhatsApp in 2014 and Instagram in 2012 were intended to destroy emerging competitors in the social media market, so keeping its monopoly on the …