- Meta is fighting against a lawsuit from the F.T.C. to divest WhatsApp and Instagram, claiming they were acquired to eliminate competition.
- The F.T.C. has re-stated its case in 2022, causing ongoing concern for Meta.
- Meta argues that it faces significant competition in the market and has benefited from its acquisitions of Instagram and WhatsApp.
Meta Takes a Stand Against F.T.C. Lawsuit Threat
Meta is pushing back against the F.T.C. lawsuit that seeks to force the divestment of WhatsApp and Instagram, claiming they were acquired to eliminate competition. The F.T.C. re-stated its case in 2022, leading to ongoing concern for Meta. However, Meta argues that it faces significant competition in the market and has benefited from its acquisitions of Instagram and WhatsApp.