Will Meta Be Forced To Sell WhatsApp And Instagram? Meta Faces Antitrust Charges In FTC Lawsuit

Mark Zuckerberg’s Meta could be facing the biggest crisis in its history. This week Meta is set to go to court in an anti-trust lawsuit filed by the Federal Trade Commission. Specifically, the lawsuit targets Meta’s acquisition of WhatsApp and Instagram.
The lawsuit claims Meta, previously Facebook, spent billions buying out companies that could one day threaten the social media platform’s market dominance.
The FTC argues that this monopoly allowed Meta to get away with offering a poorer customer experience and less privacy due to lack of near-peer competitors.
To resolve this illegal ‘monopoly’, the FTC wants Meta to sell off both WhatsApp and Instagram.
#indiatoday #meta #facebook #itwebvideos #markzuckerberg #zuckerberg #whatsapp #instagram #federaltradecommission #antitrust #bigtech

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