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

Loan Note: North America retains attractiveness in LP eyes; AlbaCore highlights market divergence – pei-privatecredit.com

Loan Note: North America retains attractiveness in LP eyes; AlbaCore highlights market divergence  pei-privatecredit.com Source link

4 hours ago

Haleon PLC (HLN) (H1 2026) Earnings Call Highlights: Organic Growth Improves, North America … – Yahoo Finance

Haleon PLC (HLN) (H1 2026) Earnings Call Highlights: Organic Growth Improves, North America ...  Yahoo Finance…

6 hours ago

Smarter Scam Protection: Apple Adds Behaviour-Based Scam Detection To iPhone And iPad – Trend Hunter

Smarter Scam Protection: Apple Adds Behaviour-Based Scam Detection To iPhone And iPad  Trend Hunter Source link

6 hours ago

North American Theater Owners Have Reinvested $2.7 Billion in Their Cinemas Over the Past Two Years – Boxoffice Pro

North American Theater Owners Have Reinvested $2.7 Billion in Their Cinemas Over the Past Two…

7 hours ago

Anonymous Content, Higher Ground Set Feature Adaptation Of James Baldwin Biography – Deadline

Anonymous Content, Higher Ground Set Feature Adaptation Of James Baldwin Biography  Deadline Source link

12 hours ago

Barack and Michelle Obama’s Higher Ground, Anonymous Content Making Film of ‘Baldwin: A Love Story’ – IndieWire

Barack and Michelle Obama’s Higher Ground, Anonymous Content Making Film of ‘Baldwin: A Love Story’  IndieWire…

13 hours ago