Meta Platforms seeks dismissal of FTC's antitrust lawsuit against Instagram and WhatsApp acquisitions, arguing consumer benefits.
Meta Platforms is seeking to have a US federal judge dismiss the FTC's antitrust lawsuit, claiming the FTC can't prove consumers would be better off without the company's acquisitions of Instagram and WhatsApp. Meta argues that it has spent billions to develop the two platforms and that they wouldn't have thrived without its support. The case is ongoing in the US District Court for the District of Columbia.
April 05, 2024
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