Meta to Face FTC Antitrust Trial Over Instagram and WhatsApp Acquisitions in April
The trial will examine claims that Meta's acquisitions stifled competition and maintained its dominance in social networking.
- The FTC alleges that Meta's acquisitions of Instagram in 2012 and WhatsApp in 2014 were aimed at eliminating potential competition in the social media market.
- A U.S. District Judge has scheduled the trial for April 14, following the rejection of Meta's bid to dismiss the case earlier this month.
- Meta argues that its acquisitions have enhanced user experiences and that competition from platforms like TikTok and YouTube challenges the FTC's claims of monopoly power.
- The case, initially filed in 2020, could set a significant precedent for antitrust enforcement in the tech industry if the FTC prevails.
- Judge James Boasberg acknowledged the challenges of applying traditional antitrust laws to evolving digital markets, emphasizing the complexity of the case.