Prøve GULL - Gratis
FTC: Meta bought WhatsApp, Insta after failing to compete
Hindustan Times Delhi
|April 15, 2025
Facebook parent Meta Platforms bought up nascent rivals Instagram and WhatsApp after its attempts to compete had failed, an attorney for the US Federal Trade Commission (FTC) said at the beginning of a high-stakes trial in Washington court on Monday, in an effort to unwind the deals.
WASHINGTON: Facebook parent Meta Platforms bought up nascent rivals Instagram and WhatsApp after its attempts to compete had failed, an attorney for the US Federal Trade Commission (FTC) said at the beginning of a high-stakes trial in Washington court on Monday, in an effort to unwind the deals.
FTC attorney Daniel Matheson said that the unlawful strategy "established entry barriers that for more than a decade protected Meta's dominance". "Consumers do not have reasonable alternatives they can turn to," he said.
The case, filed during President Donald Trump's first term, claims Meta bought the companies a decade ago to eliminate competition among social media platforms where users connect with friends and family. At the time, Facebook struggled to adapt its service for mobile devices, the FTC says.
Denne historien er fra April 15, 2025-utgaven av Hindustan Times Delhi.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Hindustan Times Delhi
Hindustan Times
Mann appears before Akal Takht jathedar
Punjab chief minister Bhagwant Mann appeared before acting jathedar Kuldeep Singh Gargaj at the Akal Takht Secretariat in Amritsar on Thursday after being summoned by the highest temporal seat in connection with his alleged remarks about Sikh traditions and tenets.
1 min
January 16, 2026
Hindustan Times
Bidding adieu to the current inflation series
The National Statistical Office (NSO) released Consumer Price Index (CPI) data for the month of December on Monday.
3 mins
January 16, 2026
Hindustan Times
TIGER GLOBAL'S $1.6BN FLIPKART EXIT TAXABLE IN INDIA. RULES SC
The Supreme Court ruled that Tiger Global is liable to pay capital gains tax on its $1.6 billion sale of Flipkart shares more than seven years ago, in a precedent-setting verdict for investors from countries with which India has tax treaties.
1 min
January 16, 2026
Hindustan Times
2ND BENGAL BDO OFFICE ATTACKED
The office of the Block Development Officer (BDO) in West Bengal's Uttar Dinajpur district was vandalised on Thursday allegedly during an SIR hearing, officers aware of the details said.
1 min
January 16, 2026
Hindustan Times
Is Shashi Tharoor a Swiftie?
If there is one crossover the internet did not see coming, it is Shashi Tharoor stepping into his Swiftie era.
1 min
January 16, 2026
Hindustan Times
PM: Democracy in India means last-mile delivery
India’s experience has shown that democratic institutions can deliver “stability, speed, and scale”; the country has democratised everything from “process to technology”, focusing on “last-mile delivery” and it has always sought to leverage its success for the benefit of the Global South Prime Minister Narendra Modi said on Friday.
2 mins
January 16, 2026
Hindustan Times
Trump questions Reza Pahlavi's ability to garner support in Iran
US President Donald Trump said on Wednesday that Iranian opposition figure Reza Pahlavi \"seems very nice\" but expressed uncertainty over whether Pahlavi would be able to muster support within Iran to eventually take over.
1 min
January 16, 2026
Hindustan Times
After terror attack, 150 CCTVs to keep watch on Red Fort
The Red Fort Complex is set to get its first CCTV cameras for security and surveillance, a move stuck for almost seven years because of objections by the Archaeological Survey of India (ASI), but pushed through after the November 10 terror attack in the vicinity of the ASI-protected 17th century structure.
2 mins
January 16, 2026
Hindustan Times
Want a Birkin? Hermès may stalk you first and later!)
Getting your hands on a Hermès Birkin may now be harder than ever, and not just because of its eye-watering price.
1 min
January 16, 2026
Hindustan Times
US prez threatens use of law allowing troops to be deployed in state
President Donald Trump on Thursday threatened to invoke an 1807 law and deploy troops to quell persistent protests against the federal officers sent to Minneapolis to enforce his administration's massive immigration crackdown.
1 min
January 16, 2026
Listen
Translate
Change font size