FTC v. Facebook (Meta Platforms, Inc.)

FTC v. Facebook (Meta Platforms, Inc.) was a legal case in which the Federal Trade Commission accused Facebook of engaging in anti-competitive practices, specifically by acquiring potential rivals to maintain its dominance in social networking. The FTC argued that Facebook had violated antitrust laws by buying up competitors like Instagram and WhatsApp to suppress competition, reducing consumer choice and innovation. The case aimed to enforce fair competition in the tech industry. In 2022, a judge ordered Facebook to restore some user privacy protections and required the company to seek approval before making major acquisitions, emphasizing the importance of competitive practices.