Meta Seeks Dismissal of FTC Antitrust Lawsuit Over Instagram and WhatsApp Acquisitions
Meta argues in federal court that the FTC has failed to provide evidence supporting its antitrust claims, asserting that its acquisitions have enhanced consumer welfare.
- Meta has filed a motion for summary judgment, requesting the dismissal of the FTC's lawsuit aimed at unwinding its acquisitions of Instagram and WhatsApp.
- The company contends that the FTC's definition of the relevant market is too narrow, excluding platforms like TikTok and YouTube.
- Meta argues that its acquisitions have led to significant consumer benefits, including the removal of WhatsApp's subscription fee and the introduction of new features across both platforms.
- The FTC's attempt to challenge the acquisitions, approved over a decade ago, is criticized by Meta as harmful to beneficial competition and innovation.
- A federal court's ruling in favor of Meta could end the lawsuit, but unresolved issues may lead to a trial.