Meta is A proposal filed This is for decision on antitrust case Fighting in court currentlyThe proposal argues that the Federal Trade Commission (FTC) has failed to produce any evidence that Meta has illegally monopolized the social networking market, some government argued that it was done through its acquisition of Instagram and WhatsApp.
The FTC presented a filing this evening soon after the DC District Court Judge James Boseberg this evening after resting its case. “After five weeks of testing, it is clear that the FTC has failed to meet the legal standard required under the Antitrest Act,” said Meta spokesman Christopher Sagro. “Even though, we will present our case to show what every 17-year in the world: Instagram competes with Tikok (and YouTube and X and many other apps). FTC spends millions of taxpayers dollars, bringing a weak case with a market definition that ignores reality.”
A decision on partial conclusions asks a judge to consider the merit of a case, before he was fully argued in the court, an attempt was made to speed up its resolve. The test is still scheduled to proceed, launching in its defense against FTC allegations with meta, but the filing provides preview of its case.
As Meta’s lawyers have done in cross-execution, it takes a description of the agency to monopoly monopoly on the market of the agency, which people use to share information with family and friends. This argues that FTC failed to display meta, reducing the quality of its services (an important sign that is a lack of competition in a company) or which it bought Instagram to neutralize a potentially opponent.
The FTC has made its case with the testimony of several high-profile players in the Mata businesses, including Instagram co-founder Kevin Systrom-he made complaints Meta’s company handling of his company – And its current chief, Adam Mossari, Who offered to take a more optimisticMeta has countered the company’s frequent conflicts against social networks that FTC does not consider full contestants, especially tiktok, which, for those who are in the focus of 17 -year -old children, Meta depicts as a constant crisis.
