Judge Narrows Scope of FTC Antitrust Suit Against Meta

Meta Platforms won a victory in its antitrust suit on Wednesday when US District Judge James Boasberg effectively narrowed the case against the social media giant.

Boasberg threw out some allegations by the US Federal Trade Commission, suggesting the company will face a scaled-back trial over its alleged dominance of social networking, Bloomberg reported.

A Meta spokesperson told MT Newswires in an email that "we are confident that the evidence at trial will show that the acquisitions of Instagram and WhatsApp have been good for competition and consumers."

The spokesperson added that the FTC "is wrongly continuing to assert that no deal is ever truly final, and businesses can be punished for innovating. We will review the opinion when it's filed."

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oh i didn't read the news as no positions made me less atten -老生長談- 給 老生長談 發送悄悄話 (60 bytes) () 11/14/2024 postreply 10:15:02

FTC is mad, pretty much going after "all" big Techs now -三心三意- 給 三心三意 發送悄悄話 (0 bytes) () 11/14/2024 postreply 10:27:01

abuse of power -老生長談- 給 老生長談 發送悄悄話 (0 bytes) () 11/14/2024 postreply 10:33:40

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