Meta faces April trial in FTC case seeking to unwind Instagram merger

By Yahoo! Finance   |   1 year ago
Meta faces April trial in FTC case seeking to unwind Instagram merger

Meta Platforms, formerly Facebook, will go to trial in April over FTC's claims of anti-competitive behavior in acquiring Instagram and WhatsApp. The judge rejected Meta's dismissal request, citing challenges in defining the social media market amidst evolving technology.

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