Meta must face FTC antitrust trial over purchasing Instagram and WhatsApp

November 13, 2024

Jodie Hawkins

Summary

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Full story

After several years of back and forth, Meta will face trial in the antitrust case brought on by the Federal Trade Commission (FTC) over the company’s acquisitions of Instagram and WhatsApp. A federal judge denied Meta’s request Wednesday, Nov. 13, to drop the FTC’s case, which accuses Meta of buying the two social media platforms to crush emerging competition in social media.

Meta has argued the entire case should be dismissed on grounds that the company faces competition from apps like TikTok.

The FTC originally filed the antitrust lawsuit against Facebook, which is now underneath Meta, in 2020, accusing it of illegally maintaining a monopoly.

The case was dismissed in 2021, but the FTC later filed an amended complaint.

A Meta spokesperson commented on the judge’s decision Wednesday, Nov. 13.

“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 said.

A hearing to discuss a trial date is set for later this month.

Tags: antitrust, Facebook, Federal Trade Commission, FTC, Instagram, Lawsuit, Meta, Monopoly, Social Media, WhatsApp

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- Meta Will Get Its Unwanted Day in Antitrust Court
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- Meta will face antitrust trial over Instagram, WhatsApp acquisitions
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Summary

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Full story

Meta has argued the entire case should be dismissed on grounds that the company faces competition from apps like TikTok.

The FTC originally filed the antitrust lawsuit against Facebook, which is now underneath Meta, in 2020, accusing it of illegally maintaining a monopoly.

The case was dismissed in 2021, but the FTC later filed an amended complaint.

A Meta spokesperson commented on the judge’s decision Wednesday, Nov. 13.

“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 said.

A hearing to discuss a trial date is set for later this month.

Tags: antitrust, Facebook, Federal Trade Commission, FTC, Instagram, Lawsuit, Meta, Monopoly, Social Media, WhatsApp

Read Transcript

Why this story matters

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