Categories: Financial Scams

FTC Appeals Ruling in Meta Monopolization Case

Today, the Federal Trade Commission filed a notice that it will appeal the U.S. District Court for the District of Columbia’s November 2025 ruling in favor of Meta Platforms, Inc. (“Meta”) in the FTC’s monopolization case against Meta. The appeal will be heard by the U.S. Court of Appeals for the District of Columbia.

The FTC continues to allege, and robust evidence at trial demonstrated, that for over a decade Meta has illegally maintained a monopoly in personal social networking services through anticompetitive conduct – by buying the significant competitive threats it identified in Instagram and WhatsApp.

FTC Bureau of Competition Director Daniel Guarnera issued the following statement regarding the FTC’s notice of appeal:

“The U.S. economy thrives when competition can flourish and U.S. businesses compete fairly against one another. Yet Meta has maintained its dominant position and record profits for well over a decade not through legitimate competition, but by buying its most significant competitive threats. The Trump-Vance FTC will continue fighting its historic case against Meta to ensure that competition can thrive across the country to the benefit of all Americans and U.S. businesses.” 


Source link
ScamBuzz

Recent Posts

Students lose thousands to sugar daddy con artists – The Times

Students lose thousands to sugar daddy con artists  The Times Source link

3 minutes ago

6 work-from-home scams to avoid, according to Reader's Digest – qz.com

6 work-from-home scams to avoid, according to Reader's Digest  qz.com Source link

17 minutes ago

Fake Tech Support Spam Deploys Customized Havoc C2 Across Organizations – The Hacker News

Fake Tech Support Spam Deploys Customized Havoc C2 Across Organizations  The Hacker News Source link

24 minutes ago

Students lose thousands to sugar daddy con artists – The Times

Students lose thousands to sugar daddy con artists  The Times Source link

1 hour ago

China Lifts Lid on Sale of Fake Goods Online – VOA – Voice of America English News

China Lifts Lid on Sale of Fake Goods Online  VOA - Voice of America English News…

1 hour ago

Students lose thousands to sugar daddy con artists – The Times

Students lose thousands to sugar daddy con artists  The Times Source link

2 hours ago