Finance Inquirer
No Result
View All Result
Sunday, November 8, 2026
  • Login
  • Home
  • Business
  • Technology
  • Finance
  • Stock Market
Subscribe
Finance Inquirer
  • Home
  • Business
  • Technology
  • Finance
  • Stock Market
No Result
View All Result
Finance Inquirer
No Result
View All Result
Home Business

The FTC can move forward with its bid to make Meta sell Instagram and WhatsApp, judge rules

Tom Hagler by Tom Hagler
12.01.2022
in Business
The FTC can move forward with its bid to make Meta sell Instagram and WhatsApp, judge rules
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

Meta CEO Mark Zuckerberg.

Drew Angerer/Getty Images

  • The Federal Trade Commission filed an antitrust case against Facebook in August.
  • Facebook’s parent company Meta asked for the case to be dismissed.
  • A federal judge rejected Meta’s request, meaning the lawsuit can go ahead.

A federal judge has thrown out an attempt by Facebook to block a Federal Trade Commission antitrust lawsuit against the company.

Judge James Boasberg ruled on Tuesday that the FTC can proceed with a bid to force Facebook, now Meta, to sell its subsidiaries WhatsApp and Instagram.

Meta asked for the lawsuit to be dismissed in December, Reuters reported, but Boasberg rejected this appeal on Tuesday.

The FTC filed a similar lawsuit, which was rejected by Boasberg in June 2021. Boasberg said the FTC had failed to provide enough evidence that Facebook was a monopoly.

The FTC refiled its case in August, and Boasberg said on Tuesday it had supplied much more evidence. The New York Times reported Boasberg said the facts provided by the FTC this time round were “far more robust and detailed than before, particularly in regard to the contours of defendant’s alleged monopoly.”

In an August press release, the FTC argued that Facebook went on an “anticompetitive shopping spree” and illegally acquired Instagram and WhatsApp to “maintain its monopoly.”

In a statement to The Times Meta said the judge’s ruling had dismissed one specific claim around Facebook cutting off rivals including Vine from data and features on its platform.

“Today’s decision narrows the scope of the FTC’s case by rejecting claims about our platform policies,” Meta spokesman Chris Sgro told The Times.

“We’re confident the evidence will reveal the fundamental weakness of the claims. Our investments in Instagram and WhatsApp transformed them into what they are today. They have been good for competition, and good for the people and businesses that choose to use our products,” Sgro added.

Meta did not immediately respond when contacted by Insider.

Read the original article on Business Insider businessinsider?d=yIl2AUoC8zA businessinsider?i=uXceS2EqHPM:jvDHw3zDXe businessinsider?i=uXceS2EqHPM:jvDHw3zDXe businessinsider?d=qj6IDK7rITs businessinsider?i=uXceS2EqHPM:jvDHw3zDXe

  • Trending
  • Comments
  • Latest
P2Pro: profitable changes are coming!

P2Pro: profitable changes are coming!

13.09.2022
Saving and investing the two keys to your future retirement

Saving and investing the two keys to your future retirement

21.06.2022
The Dow Jones slept through the whole trade despite positive data from the labor market. Nasdaq had its best streak of gains this year

The Dow Jones slept through the whole trade despite positive data from the labor market. Nasdaq had its best streak of gains this year

01.09.2022
The ranking of countries in terms of the coverage of children with preschool education has been compiled

The ranking of countries in terms of the coverage of children with preschool education has been compiled

03.11.2022
Take the best photos of your life with the new vivo Y76 5G now available

Take the best photos of your life with the new vivo Y76 5G now available

Complete your Christmas shopping with up to 75% off on devices at vivo’s Big Christmas Sale on Shopee

Complete your Christmas shopping with up to 75% off on devices at vivo’s Big Christmas Sale on Shopee

AirPods 3 vs AirPods 2 – What’s the Difference?

AirPods 3 vs AirPods 2 – What’s the Difference?

Want to be a content creator? Here are 5 valuable tips from today’s top Pinoy online celebrities

Want to be a content creator? Here are 5 valuable tips from today’s top Pinoy online celebrities

European Technical Expands AMC Services Across Dubai Amid Rising Demand

04.11.2026
Occams Advisory Earns 9th Inc. 5000 Honor, Soars to No. 798 in 2025

Occams Advisory Earns 9th Inc. 5000 Honor, Soars to No. 798 in 2025

12.09.2025

A Family debt of €20 million marks a new chapter in Dasha Ozden’s life

04.09.2025

SnapInspect Shares Five Key Factors to Consider When Choosing Property Inspection Software

25.08.2025

Recent News

European Technical Expands AMC Services Across Dubai Amid Rising Demand

04.11.2026
Occams Advisory Earns 9th Inc. 5000 Honor, Soars to No. 798 in 2025

Occams Advisory Earns 9th Inc. 5000 Honor, Soars to No. 798 in 2025

12.09.2025

Categories

  • Business
  • Finance
  • News
  • Stock Market
  • Technology
  • Без рубрики

Site Navigation

  • Home
  • Contact Us
Finance Inquirer

We offer multimedia features, easy channel navigation, strong social media presence and numerous engagement platforms that allow the readers to experience content anytime, anywhere, always.

No Result
View All Result
  • Home
  • Business
  • Technology
  • Finance
  • Stock Market

© 2021 financeinquirer.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In