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  5. US Federal Court to Hear Allegations Against Meta Concerning Social Media Market Dominance

US Federal Court to Hear Allegations Against Meta Concerning Social Media Market Dominance

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Meta Platforms is facing a high-stakes trial in a Washington federal court starting on Monday, April 14, over allegations that it abused its market power to acquire Instagram and WhatsApp before they could become competitors. The trial is brought by the Federal Trade Commission (FTC), the US consumer protection agency, and could result in Meta being forced to divest Facebook and Instagram. The FTC's allegations include claims that Meta "betrayed US values" and collaborated with China.

  1. US
    Meta
    1. The evidence at trial will show what every 17-year-old in the world knows: Instagram, Facebook and WhatsApp compete with Chinese-owned TikTok, YouTube, X, iMessage and many others.
  2. US
    Jennifer Newstead
    Meta
    1. It's absurd that the FTC is trying to break up a great American company at the same time the administration is trying to save Chinese-owned TikTok.
  3. US
    Jonathan Kanter
    1. It would be borderline scandalous if Zuckerberg went to the White House and wound up with a settlement.
  4. US
    Brendan Benedict
    1. The bigger that Meta can make the relevant market ... the more likely it is to defeat the FTC's case.

Facebook

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  3. Mark Zuckerberg Dines With Former US President Donald Trump At Mar-a-Lago

sources

  1. 1.France 24
  2. 2.The Times of India
  3. 3.CNA News
  4. 4.Agence France-Presse
  5. 5.CNBC
  6. 6.Verge

perspectives

  1. 1.Tech industry
  2. 2.Regulation
  3. 3.Social Media
  4. 4.News media
  5. 5.Advertising Industry
  6. 6.Covid-19 Pandemic
  7. 7.Privacy Rights

countries

  1. 1.ChinaCN
  2. 2.United StatesUS
  3. 3.Venezuela, Bolivarian Republic ofVE

organizations

  1. 1.MetaUS
  2. 2.InstagramUS
  3. 3.FacebookUS
  4. 4.WhatsAppUS
  5. 5.White HouseUS
  6. 6.TikTokCN
  7. 7.YouTubeUS
  8. 8.US Federal Trade Commission
  9. 9.AppleUS
  10. 10.GoogleUS
  11. 11.Substack

persons

  1. 1.Donald TrumpUS
  2. 2.Andrew Ferguson
  3. 3.Brendan BenedictUS
  4. 4.James BoasbergUS
  5. 5.Jonathan KanterUS
  6. 6.Mark ZuckerbergUS
  7. 7.Sheryl Sandberg
  8. 8.Jennifer NewsteadUS

technicals

  1. 1.iMessage