Meta faces major antitrust inquiry over Instagram, WhatsApp acquisitions
A blockbuster antitrust trial is set to kick off in the United States on Monday (Apr 14). In one corner is tech titan Meta. In the other - the Trump administration. The case centres around Meta’s purchases of Instagram and WhatsApp - with allegations that the Facebook owner intentionally overpaid to snuff out the competition. The outcome of this case could have lasting impacts on corporate acquisitions in the US, as Toni Waterman explains.
A blockbuster antitrust trial is set to kick off in the United States on Monday (Apr 14). In one corner is tech titan Meta. In the other - the Trump administration. The case centres around Meta’s purchases of Instagram and WhatsApp - with allegations that the Facebook owner intentionally overpaid to snuff out the competition. The outcome of this case could have lasting impacts on corporate acquisitions in the US, as Toni Waterman explains.
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