In a motion for summary judgment, Meta said the Federal Trade Commission can’t prove its relevant market or that the Instagram and WhatsApp purchases harmed consumers.
Meta is asking a federal court to dispense with the Federal Trade Commission’s anti-monopoly lawsuit against it, arguing it’s failed to unearth evidence to support its claims. In a motion for summary judgment filed Friday, Meta argues that the lawsuit should be thrown out because the company believes the FTC won’t be able to prove what it claims is the relevant market in the case or that its acquisitions of Instagram and WhatsApp harmed consumers.
It says the court just needs to look at how social media users interchange content between Instagram and TikTok or YouTube, particularly through their shortform video features. “The FTC contends that 100% of the time spent on Reels is PSNS, including watching Reels posted by celebrities, creators, and public accounts with no connection to the viewer,” Meta says.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NHL trade deadline: Flyers add two players, trade away Wade Allison; updates and rumorsFlyers general manager Danny Brière acquired veteran defenseman Erik Johnson and winger Denis Gurianov.
Read more »
End of an era: Sharks trade Hertl to Golden Knights in stunning trade deadline moveSharks and Vegas Golden Knights complete trade for Tomas Hertl, ending his memorable 11-year tenure in San Jose
Read more »
Resetting the Flyers farm system and trade cupboard after the trade deadlineThe Flyers retained their top prospects and top draft picks when the 2024 NHL trade deadline closed down, further stressing that things are different now.
Read more »
Giants trade for Brian Burns looks similar to a recent Seahawks tradeThe Giants made the most of having an extra second- and fifth-round pick, courtesy of the Seahawks.
Read more »
NFL Trade Rumors: Zach Wilson's Trade Market Waning Due to Contract, NeedNew York Jets quarterback Zach Wilson reportedly has no value in the trade market.
Read more »
Houston crime: Man pleads guilty to assault of federal officer after damaging federal courthouseA 37-year-old Houston resident pleaded guilty to assaulting a federal officer after damaging two downtown buildings with a metal pole, facing up to 20 years in federal prison, as announced by U.S. Attorney Alamdar S. Hamdani.
Read more »