Overview

• Meta has filed a motion for summary judgment, requesting the dismissal of the FTC's lawsuit aimed at unwinding its acquisitions of Instagram and WhatsApp.
• The company contends that the FTC's definition of the relevant market is too narrow, excluding platforms like TikTok and YouTube.
• Meta argues that its acquisitions have led to significant consumer benefits, including the removal of WhatsApp's subscription fee and the introduction of new features across both platforms.
• The FTC's attempt to challenge the acquisitions, approved over a decade ago, is criticized by Meta as harmful to beneficial competition and innovation.
• A federal court's ruling in favor of Meta could end the lawsuit, but unresolved issues may lead to a trial.