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‘Extensive evidence' Meta’s Instagram, WhatsApp deals harmed competition submitted by US FTC

By Alex Wilts ( August 17, 2024, 00:56 GMT | Insight) -- Meta Platforms has failed to identify evidence that it acquired Instagram and WhatsApp for reasons other than to eliminate competitive threats, the US Federal Trade Commission said today. The agency made the argument in a court filing urging a US federal judge to grant its motion for partial summary judgment in its monopolization case against Meta. Meta Platforms has failed to identify evidence that it acquired Instagram and WhatsApp for reasons other than to eliminate competitive threats, the US Federal Trade Commission said today....

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