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Meta Must Face Antitrust Trial Over Instagram, WhatsApp Purchases

  • Meta Platforms, the parent company of Facebook, must face trial in a Federal Trade Commission (FTC) lawsuit over concerns about antitrust issues related to its acquisitions of Instagram and WhatsApp.
  • Judge James Boasberg in Washington denied Meta's motion to dismiss the case but dismissed one of the allegations made against it regarding hampering third-party developers' access to its platform.
  • The FTC alleged that Meta acted illegally to maintain its social network monopoly, while Meta argued that the acquisitions of Instagram and WhatsApp have been beneficial for competition and consumers.
  • Facebook purchased Instagram in 2012 and WhatsApp in 2014, and both purchases were initially cleared of antitrust issues. However, in 2020, Meta's Facebook faced antitrust lawsuits from the FTC and a coalition of attorneys general from 48 states and territories.

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