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FTC files reply in support of judgment against certain Meta defenses in US monopolization case

( August 16, 2024, 21:44 GMT | Official Statement) -- MLex Summary: The US Federal Trade Commission told a federal judge that Meta failed to identify evidence that might meet its burden to establish non-pretextual procompetitive justifications for its acquisition of WhatsApp and Instagram. The FTC filed a reply in support of its motion for a judgment against two of the company’s affirmative defenses in a monopolization lawsuit. The FTC "has proffered extensive evidence that the genuine reason Meta acquired Instagram and WhatsApp was to eliminate threats; and Meta’s Opposition fails to designate specific facts that might show that Meta undertook the acquisitions for a different genuine reason,” it said. See document below. ...

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