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Meta to face antitrust lawsuit trial in the US in April 2025
Meta Platforms will face trial in April 2025, as the United States Federal Trade Commission (FTC) alleges the company’s acquisitions of Instagram and WhatsApp aimed to stifle competition.
The FTC filed the lawsuit in 2020, claiming that Meta unlawfully maintained its monopoly in the social networking market by purchasing competitors, rather than competing with them.
The trial will determine if Meta’s actions violated the country’s antitrust laws.
Recent Meta developments
| Timeline |
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20-Nov-2024 🤖 Meta unveils AI team for biz tools, led by ex-Salesforce VP
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19-Nov-2024 ⚖️ Meta to challenge India’s antitrust ruling on WhatsApp
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16-Nov-2024 📊 Meta aligns Facebook, Instagram with ‘views’ for creators
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14-Nov-2024 📈 Meta to start ads on Threads starting January
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14-Nov-2024 ⚖️ Meta to face trial for anti-competitive acquisitions
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| 31-Oct-2024 📉 Meta’s Q3 exceeds forecasts while investing in AI |
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