Meta's $20 billion acquisitions of Instagram and WhatsApp back under fire as US government appeals loss
The Federal Trade Commission is appealing a ruling that dismissed its monopoly case against Meta, aiming to force the tech giant to divest Instagram and WhatsApp. A judge previously found Meta did not hold an illegal monopoly, citing the rise of TikTok and YouTube.
The Federal Trade Commission is appealing a ruling that dismissed its monopoly case against Meta, aiming to force the tech giant to divest Instagram and WhatsApp. A judge previously found Meta did not hold an illegal monopoly, citing the rise of TikTok and YouTube.
