Meta bought up nascent rivals Instagram and WhatsApp after its attempts to compete had failed, an attorney for the U.S. Federal Trade Commission said.
Categories: advertising revenueAlphabetAmazonAntitrust trialApple MessagesBig Tech regulationbusiness messagingByteDancecompetition lawcontent sharing platformsDaniel MathesonDOJeMarketerEncrypted messagingFacebookftcGoogleinstagramJennifer NewsteadMark ZuckerbergmetaMeta acquisitionsMeta breakupMeWemonopolysnapchatsocial media competitionsocial network monopolyTechtech investmenttech policyTikTokTodays HeadlinestrialTrump AdministrationU.S. antitrust enforcementU.S. District Judge James BoasbergWhatsAppYoutube