Mark Zuckerberg’s Meta, the tech giant formerly known as Facebook, is gearing up for a historic antitrust fight with the FTC set to begin on Monday. The lawsuit, filed during Donald Trump’s first term in office, will determine if Facebook’s acquisition of Instagram and WhatsApp were designed to put a stranglehold on the social media market.
AdWeek reports that in what could be a defining moment for the tech industry, Mark Zuckerberg’s Meta, the parent company of Facebook, Instagram, and WhatsApp, is facing a momentous antitrust trial brought forth by the FTC. The trial, set to begin on April 14, will scrutinize Meta’s past acquisitions of social media startups, particularly Instagram and WhatsApp, and determine whether these moves were strategically designed to quash competition.
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