US EditionTrump Didn’t Bail Out Zuckerberg in Antitrust Case
- Mark Zuckerberg offered the Federal Trade Commission nearly $1 billion to settle an antitrust case against Meta, but the FTC rejected the offer, stating it was far below their demand of $30 billion.
- The FTC claims that Meta's acquisitions of Instagram and WhatsApp were anti-competitive and led to its dominance in social media.
- Meta argues that it faces competition from platforms like TikTok and insists that its acquisitions benefited consumers, not harmed them.
- Despite efforts to avoid a major trial, Zuckerberg has begun to testify about Meta's practices, with the FTC arguing that the company's practices harm competition.
18 Articles
18 Articles
Zuckerberg's trillion-dollar Meta empire sits on razor's edge as antitrust case rolls on AlphaNews.org
Share This Story(Daily Caller News Foundation) — The Federal Trade Commission (FTC) took Meta to trial last week, opening a federal antitrust assault that threatens to tear Mark Zuckerberg’s trillion-dollar empire apart. The trial caps nearly five years of legal wrangling over regulators’ claim that Meta crushed competition — and illegally established social media hegemony — by acquiring Instagram and WhatsApp over a decade ago. At stake is more…
Ex-FTC commissioner accuses former chair Lina Khan of 'procedural shenanigans' that iced M&A activity
CEOs are waiting to see how the Federal Trade Commission under President Trump will differ from the Biden administration, and thus far, the lighter-touch enforcement that businesses hoped for hasn’t materialized. The FTC is currently suing Meta in an antitrust case, which could see the social-media giant broken up. Meanwhile, Chair Andrew Ferguson has said the agency will stick to the FTC’s more stringent merger framework established under Biden…
The Daily Caller
Conservative ReviewZuckerberg’s Trillion-Dollar Meta Empire Sits On Razor’s Edge As Antitrust Case Rolls On
The FTC took Meta to trial last week, opening a federal antitrust assault that threatens to tear Mark Zuckerberg's trillion-dollar empire apart.
Nervous Mark Zuckerberg Tried to Cozy Up to Trump to Slash $30B FTC Lawsuit Down to $450M — But the Scheme Blow Up in His Face | The Gateway Pundit | by Jim Hᴏft
In a bold yet misguided attempt, Mark Zuckerberg sought President Trump’s support to reduce a massive $30 billion FTC lawsuit to just $450 million. The fallout from this strategy reveals a complex web of political and legal maneuvering.
Zuckerberg tried to avoid antitrust case trial with $450 million settlement: Report
Mark Zuckerberg’s Meta is facing an antitrust case over its high-profile acquisitions of Instagram and WhatsApp. Days before the case went to trial, Zuckerberg tried to settle the case for USD 450 million, as per a report.
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