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Meta must face antitrust trial by FTC
Meta will face antitrust trial over Instagram, WhatsApp acquisitions
Facebook owner Meta Platforms must face trial in a U.S. Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media,
Meta Will Get Its Unwanted Day in Antitrust Court
A federal judge ruled on Wednesday that an FTC complaint alleging that Facebook's acquisitions of Instagram and WhatsApp were anticompetitive should proceed to a jury trial.
Meta to face FTC trial over Instagram and WhatsApp acquisitions - Reuters
According to a Reuters report, a Washington judge ruled Wednesday that Meta (NASDAQ:META) must face trial in a lawsuit brought by the Federal Trade Commission, which is seeking its breakup, alleging the social media giant bought Instagram and WhatsApp to eliminate emerging competition.
EU Slaps Meta With €798 Million Fine
EU fines Meta 797 mln euros over abusive practices benefiting Facebook Marketplace
The European Commission on Thursday fined Meta Platforms €797.72 million ($840.24 million) over abusive practices benefiting Facebook Marketplace, it said in a statement, confirming an earlier report by Reuters.
E.U. fines Meta $840 million for ‘abusive practices’ on Facebook Marketplace
European enforcers accused the tech giant of using its popular social network to unfairly advantage its classified-ads business.
Meta Faces Massive EU Fine Over Facebook Marketplace
The European Commission has fined Meta Platforms €797.72 million for engaging in abusive practices with Facebook Marketplace. Meta plans to appeal, arguing that the EU has presented no evidence of harm to competitors or consumers,
12h
How The Meta-Reuters Deal Signals A New Era For AI And Media
This year has increasingly polarized the media industry into two camps — the AI bedfellows and adversaries — shaped by the ...
2d
Meta to introduce ads on Threads in early 2025, the Information reports
Meta Platforms plans to introduce advertisements to its social media app Threads early next year, the Information reported on ...
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