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As antitrust trial begins, Meta faces potential breakup
Mint New Delhi
|April 15, 2025
The trial is expected to last about two months and feature testimony as soon as this week from CEO Zuckerberg
The US Federal Trade Commission (FTC) is finally having its day in court against Meta Platforms Inc., arguing that the company must be broken up for illegally monopolizing the social media market after buying Instagram and WhatsApp more than a decade ago.
The FTC's opening salvo began on Monday in Washington before chief judge James Boasberg in a case that's been years in the making. Agency attorneys kicked off their arguments by invoking a long US tradition of seeking to ensure a competitive marketplace, one that the FTC's lead trial lawyer, Daniel Matheson, accused Meta of violating.
Denne historien er fra April 15, 2025-utgaven av Mint New Delhi.
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FLERE HISTORIER FRA Mint New Delhi
Mint New Delhi
Sebi now trains sights on commodity derivatives
Following clampdown on equity derivatives after studies revealed steep retail losses, the stock market regulator is turning its attention to the commodity derivatives segment (CDS).
2 mins
November 28, 2025
Mint New Delhi
Refiners, SCI tap Korean giants for local shipyard
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4 mins
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Mint New Delhi
360 One, Steadview, others to invest in Wakefit ahead of IPO
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3 mins
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Mint New Delhi
Would you like to be interviewed by an AI bot instead?
I don't think I want to be interviewed by a human again,\" said a 58-year-old chartered accountant who recently had an interview with a multinational company.
3 mins
November 28, 2025
Mint New Delhi
India, UAE review trade agreement to ease market access
Officials of India and the United Arab Emirates (UAE) met on Thursday to review how the Comprehensive Economic Partnership Agreement (CEPA) is working, and remove frictions that may be impeding trade between the two nations.
1 mins
November 28, 2025
Mint New Delhi
It's a multi-horse Street race now as Smids muscle in
For years, India’s stock market ran on the shoulders of a few giants. Not anymore.
3 mins
November 28, 2025
Mint New Delhi
The curious case of LIC's voting on RIL, Adani resolutions
Life Insurance Corp. of India Ltd, or LIC, consistently approved or never opposed resolutions proposed before shareholders of Reliance Industries Ltd (RIL) or any Adani Group company since 1 April 2022, even as it rejected several similar proposals at other large companies, some even part of other conglomerates, a Mint review of about 9,000 voting decisions by the government-run insurer showed.
8 mins
November 28, 2025
Mint New Delhi
Investors expect AI use to soar. That's not happening
On November 20th American statisticians released the results of a survey. Buried in the data is a trend with implications for trillions of dollars of spending.
4 mins
November 28, 2025
Mint New Delhi
CANADA'S STARTUP VISA: PUTTING LIVES ON HOLD
Legal uncertainty has left entrepreneurs stuck despite building businesses and putting down roots
8 mins
November 28, 2025
Mint New Delhi
Gupta pilfered from fraud, Trafigura says
Commodity trader Trafigura's lawyers accused Indian businessman Prateek Gupta on Thursday of siphoning off funds from an alleged $600 million metals fraud to prop up his struggling business empire.
1 min
November 28, 2025
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