4 ms·
No more than usual... https://en.wikipedia.org/wiki/Federal_Trade_Commission_v._Meta_Platforms,_Inc https://en.wikipedia.org/wiki/Federal_Trade_Commission_v._M
by ksherlock 3y ago
No more than usual...
https://en.wikipedia.org/wiki/Federal_Trade_Commission_v._Meta_Platforms,_Inc https://en.wikipedia.org/wiki/Federal_Trade_Commission_v._Me....
There is an outstanding FTC lawsuit against FB (No I'm not going to call them Meta) which would undo the Instagram and What's App acquisitions. If that were to be successful (it was dismissed once) I suppose Instagram+Threads would be a separate company.
BUT ... the FTC recently lost a case that would have blocked FB from acquiring a VR company (Within) because "Meta could have chosen to try to compete. Instead, it chose to buy". That is, not building their own VR fitness division is anti-competitive. FTC chair Lisa Khan has a raging hard-on for Zuck but it would be hilarious if they also try to block FB for being competitive.