An antitrust trial against meta platforms (nasdaq:meta) has put the company's segments, such as instagram and whatsapp, into the spotlight, as the company could be forced to divest these units Meta went to court monday against the federal trade commission in an antitrust case that could force the social media titan to sell off instagram or whatsapp. The biggest trial in meta’s history if the ftc wins the pivotal case it could force meta ceo mark zuckerberg to sell off both instagram and whatsapp.
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The case against facebook owner meta alleges the company bought instagram and whatsapp to wipe out competition.
The trial to decide if meta has to sell instagram and whatsapp begins this week
Here’s everything you need to know case from federal trade commission will probe if meta’s acquisitions of. Meta is facing a landmark antitrust case that could result in the tech giant being forced to give up whatsapp and instagram. If successful, it could force meta to divest instagram and whatsapp — two platforms that have become integral not just to meta’s business model, but to global communication Mark zuckerberg began testifying in a washington federal court on monday (april 14) in a landmark antitrust suit by the us government against his company meta platforms
