Meta must face the Federal Trade Commission's antitrust lawsuit that accuses the company of dominating the social media industry through its acquisitions of instagram and WhatsApp, a D.C. District Court judge said. ruled on Wednesday.
Meta once again asked the court to dismiss the FTC case in April. Boasberg now ruled largely in favor of the FTC, although he dismissed the claim that Meta acted anticompetitively by preventing developers from accessing its API unless they agreed not to compete with its apps.
In a statement to The edgeMeta spokesman Christopher Sgro said the company is “confident” the test will show its acquisitions of instagram and WhatsApp were “good” for consumers. “More than 10 years after the FTC reviewed and approved these agreements, and despite overwhelming evidence that our services compete with YouTube, TikTok, really valid. end, and companies can be punished for innovating.”
