Zuck stuck on Trump’s bad side: FTC appeals loss in Meta monopoly case
Still feeling uneasy about Meta’s acquisition of Instagram in 2012 and WhatsApp in 2014, the Federal Trade Commission will be appealing a November ruling that cleared Meta of allegations that it holds an illegal monopoly in a market dubbed “personal social networking.” The FTC hopes the US Court of Appeals for the District of Columbia will agree that “robust evidence at trial” showed that Meta’s acquisitions were improper. In the initial trial, the FTC sought a breakup of […]