
Federal Trade Commission v. Facebook, Inc.
The Federal Trade Commission (FTC) filed a lawsuit against Facebook (now Meta) alleging that the company engaged in unfair practices by acquiring smaller competitors (like Instagram and WhatsApp) to eliminate competition, thereby harming consumers and stifling innovation. The FTC claimed Facebook maintained an unfair monopoly in social networking, violating antitrust laws. The case aimed to hold Facebook accountable for its business practices and potentially require divestitures or changes to promote competition. This reflects broader concerns about the impact of large tech companies on market fairness and consumer choice.