Acquisition America Antitrust ByteDance Chinese Donald Trump Facebook Investment New York Online Video Revenue Social Media Technology TikTok War WhatsApp White House YouTube
Meta’s Chief Legal Officer, Jennifer Newstead Meta is facing an antitrust lawsuit from the US Federal Trade Commission(FTC) that could force it to sell WhatsApp and Instagram over accusations of monopoly. The case commenced during President Trump’s first term in 2020 when antitrust regulators sued Meta, accusing it of stifling competition through its purchase of WhatsApp and Instagram.While the FTC gave regulatory nods to Meta for both acquisitions, it now seeks to establish that Meta’s acquisition of WhatsApp and Instagram was an illegal strategy to evade competition.Reacting to this in a blog post, Meta’s chief legal officer Jennifer Newstead described…
News Timeline:
Track the development of related news across the Internet.
June 16, 2025
22:14
Source: mercurynews.com
April 21, 2025
23:06
Source: indianexpress.com
April 16, 2025
05:44
Source: thejournal.ie
April 15, 2025
06:54
Source: firstpost.com
April 14, 2025
22:22
Source: theguardian.com
January 1, 2025
11:22
Source: firstpost.com