Facebook parent company Meta Platforms asked a federal judge on Thursday to throw out the US Federal Trade Commission’s case accusing it of an illegal social media monopoly, saying the agency failed to prove its case at a high-stakes antitrust trial. At the trial, which began on April 14 in Washington, the FTC has sought […]
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A historic antitrust trial began Monday for Meta Platforms Inc. in a case that could force the tech giant to break off Instagram and WhatsApp, startups it bought more than a decade ago that have since grown into social media powerhouses. The trial is bringing Meta CEO Mark Zuckerberg into federal court in Washington to testify. In […]
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Amazon has complained to federal regulators that they’re hounding company founder Jeff Bezos and senior executives Amazon has complained to federal regulators that they’re hounding company founder Jeff Bezos and senior executives Amazon has complained to federal regulators that they are hounding company founder Jeff Bezos and senior executives, making “impossible-to-satisfy demands” in their investigation […]
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Meta agreed not to close until 11:59 p.m. on Dec. 31 or until the first business day after the judge decides whether the case may go forward Meta agreed not to close until 11:59 p.m. on Dec. 31 or until the first business day after the judge decides whether the case may go forward Meta […]
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The antitrust authority has set September 1 as the current deadline to announce its ‘Phase 1’ decision The antitrust authority has set September 1 as the current deadline to announce its ‘Phase 1’ decision The U.K.’s competition regulator said on Wednesday it is investigating Microsoft’s $68.7 billion proposed acquisition of ‘Call of Duty’ maker Activision […]
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