FTC Seeks To Break Meta’s Hold On Instagram & WhatsApp, Ending Its Monopoly, But Lawyers Argue That The Company Has Not Held The Competition Back At All
The early years has witnessed Facebook, now Meta, exert its dominance over the social media market by acquiring companies like Instagram and WhatsApp, but FTC believes that the company has been stifling the competition in the process and has taken it to court in an effort to subdue its control. However, it will not be a walk in the park for the U.S. agency because Meta’s lawyers are well prepared for this confrontation, stating that its important applications are free for millions to use. Lawyers mention that Meta’s apps have improved substantially in quality while also pointing out the company’s […]
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