Tag: mergers

Meta faces historic antitrust trial that could force it to break off Instagram, WhatsApp

Meta faces historic antitrust trial that could force it to break off Instagram, WhatsApp

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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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U.K.’s competition regulator launches inquiry into Microsoft’s .7 billion Activision deal

U.K.’s competition regulator launches inquiry into Microsoft’s $68.7 billion Activision deal

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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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