Meta Faces Antitrust Trial: Meta will face a major antitrust trial in the US:

Meta Faces Antitrust Trial: Meta will face a major antitrust trial in the US:

Daily Current Affairs   /   Meta Faces Antitrust Trial: Meta will face a major antitrust trial in the US:

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Category : Business and economics Published on: April 16 2025

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  • A trial in the landmark antitrust case against social media giant Meta kicked off in Washington.
  • Lawyers for the US competition and consumer watchdog allege Meta unlawfully quashed rivals by purchasing Instagram and WhatsApp over a decade ago.
  • Meta countered that the lawsuit from the FTC, which reviewed and approved those acquisitions, is "misguided."
  • A win by the FTC could force CEO Mark Zuckerberg break up the company.
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