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Facebook, Inc.) is an ongoing antitrust court case brought by the Federal Trade Commission (FTC) against Facebook parent company Meta Platforms. The lawsuit alleges that Meta has accumulated monopoly power via anti-competitive mergers, with the suit centering on the acquisitions of Instagram and WhatsApp .
The FTC was established in 1914 by the Federal Trade Commission Act, which was passed in response to the 19th-century monopolistic trust crisis. Since its inception, the FTC has enforced the provisions of the Clayton Act , a key U.S. antitrust statute, as well as the provisions of the FTC Act, 15 U.S.C. § 41 et seq.
Turning antitrust law on its head, the FTC’s challenge impedes the emergence of a new delivery model that could pose a competitive threat to leading console-based services.
The FTC sued Amazon on antitrust grounds last fall, and the DOJ last year filed an antitrust lawsuit against Google alleging the internet company has a “monopolistic grip” on the digital ...
The Federal Trade Commission’s (FTC) antitrust case against Meta, the parent company of Facebook and Instagram, will head to trial on April 14. U.S. District Judge James Boasberg scheduled a ...
Federal Trade Commission v. Qualcomm Incorporated [1] was a noted American antitrust case, in which the Federal Trade Commission (FTC) accused Qualcomm's licensing agreements as anticompetitive, mainly because their practices excluded competition and harmed competitors in the modern chip market, which according to the FTC, violated both Section 1 and Section 2 of the Sherman Act.
Federal Trade Commission, 574 U.S. 494 (2015), was a United States Supreme Court case on the scope of immunity from US antitrust law. The Supreme Court held that a state occupational licensing board that was primarily composed of persons active in the market it regulates has immunity from antitrust law only when it is actively supervised by the ...
Antitrust enforcers who have asked a federal judge to stop Facebook parent Meta Platforms Inc from buying virtual reality content maker Within filed a shorter version of their complaint on Friday.