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The FTC has also asked Meta to respond to allegations that the company from late 2017 through mid-2019 misled parents about who their children can communicate with through the Messenger Kids app.
The Meta-FTC antitrust trial is ongoing, and there are sure to be more revelations as the case progresses. We'll continue covering this story as it develops.
Meta pins hopes on SCOTUS decision. Meta filed its lawsuit two days after a US District Court ruling that went against the company. Judge Timothy Kelly denied Meta's motion to block the FTC ...
Shareholders claim that Mark Zuckerberg and other top officials should have to reimburse Facebook for $8 billion in fines and ...
Mark Zuckerberg’s Meta reportedly extended a paltry offer of just $450 million to settle the landmark FTC antitrust case that could result in the company’s breakup. Zuckerberg made the offer ...
FTC attorney Daniel Matheson called Zuckerberg as the first witness, as it seeks to prove that Meta acquired Instagram and WhatsApp to preserve its monopoly in the social networking space.
The potential prohibition comes as part of a swath of changes the FTC wants to make to the 2020 privacy order it has with Meta, the corporate parent of Facebook, Instagram and WhatsApp.Meta was ...
Meta, the parent company of Instagram and Facebook, has sued to try to stop the FTC from reopening a 2020 privacy settlement with the company.
According to court documents, Meta's so hungry for this background on its competitors, it says it plans to subpoena more than 100 additional rivals, if needed, to overcome the FTC's claims. Meta ...
The stakes of the case against Meta are high. If U.S. District Judge James E. Boasberg sides with the FTC, the social media giant could be forced to divest itself of Instagram and WhatsApp, which ...
FTC vs. Meta: M&A in the Metaverse. The Federal Trade Commission has said no dice to Meta as the parent company of Facebook tries to buy Within, a VR app-maker.
Meta will face off against the U.S. Federal Trade Commission on Monday in a high-stakes antitrust trial that could result in the company divesting Instagram and WhatsApp. Stream Connecticut News ...