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"Simply put, the FTC and Meta will fight about what constitutes the relevant market—only interactive social media platforms, meaning Meta controls ... and quality on privacy and data protection ...
The FTC, one of the nation’s antitrust enforcement agencies, wants Judge James Boasberg to hold the tech giant liable for executing these mega deals to illegally maintain a social media monopoly.
That's what it said this week when it gave a short list of social media rivals — most of which ... Never heard of it! Part of the FTC's complaint says that between 2012 and 2020, Facebook ...
In its complaint, the FTC accuses Meta of "anticompetitive conduct," alleging that the company's ownership of Instagram and WhatsApp gives it excessive control of the social media market.
Daniel Matheson, the FTC ... social media marketplace. The agency will also claim that a lack of competition led to reduced investments in the platforms and a decline in privacy protections.
Lawmakers across the United States, from both major parties, are intensifying efforts to regulate social media access for ...
Hansen said the FTC is deploying a social media market definition it created ... Attorneys for the agency said that Meta controls 78% of a market it has defined as “personal social networks ...
lags behind — TikTok in the present-day social media race, an argument meant to undercut the FTC’s case that Meta controls a social media monopoly. Zuckerberg acknowledged that Reels ...
FTC lawyers accused Meta of a 'buy-or-bury' strategy designed to snuff out competition and dominate the social media marketplace. O'Leary Ventures Chairman Kevin O'Leary discusses Chinese ...
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