Overview

• The FTC has concluded its case against Meta, alleging the company acquired Instagram and WhatsApp to neutralize competition and maintain a social media monopoly.
• Meta has filed a motion for judgment on partial findings, asking Judge James Boasberg to dismiss the case for lack of sufficient evidence.
• Meta disputes the FTC's narrow market definition of 'friends-and-family' apps, asserting it faces significant competition from platforms like TikTok and YouTube.
• Internal documents presented by the FTC revealed concerns about Instagram's integrity issues, including warnings of up to 40% fake engagement in 2018.
• The trial, which began in April, continues with Meta presenting its defense, including testimony from Snap executives and arguments countering the FTC's claims.