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Thanks Obama. But seriously, by what rationale would you block the purchase in 2012? Instagram only had 25 million users at the time.

• Igelau 6y ago
  I think that's the point. If it wasn't anticompetitive then, why is it now?
• maxerickson 6y ago
  You don't just look at Instagram when you evaluate the acquisition, you look at Facebook also. Facebook was huge, and Instagram didn't represent anything Facebook couldn't just build themselves, other than the growing user base. So there is your rationale, the behemoth shouldn't be completely free to consolidate users. Of course the details of how big is too big and so on are the hard part.