- Advertisement -
Mark Zuckerberg’s well-timed acquisitions of Instagram and WhatsApp, in 2012 and 2014 respectively, helped his social media empire reach billions of people.
More than a decade later, the US Federal Trade Commission is targeting those deals in a landmark antitrust lawsuit set to go to trial Monday, alleging that the acquisitions were illegal, should never have been approved and should be broken up.
The FTC argues that Meta’s purchases of Instagram and WhatsApp are “killer acquisitions”…
