Niche Pursuits Podcast: Find Your Next "Niche" Business Idea!
Is Meta’s Social Media Empire at Risk?
Apr 18, 2025
01:02:53
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Quick takeaways
- Meta faces a pivotal antitrust lawsuit that could force the sale of Instagram and WhatsApp, reshaping its social media dominance.
- Google is contending with a $6.6 billion lawsuit in the UK, reflecting growing legal challenges against tech giants in advertising monopolies.
Deep dives
Meta Faces Antitrust Challenges
Meta is currently dealing with a significant antitrust lawsuit that may require them to divest Instagram and WhatsApp. The lawsuit alleges that the company engaged in monopolistic practices by acquiring these platforms to eliminate competition rather than competing with them. This claim argues that such acquisitions stifle competition in the social media landscape. The case presents challenges for the FTC, as historically, similar lawsuits have encountered substantial hurdles when it comes to proving monopolistic behavior, especially in regards to acquisitions that were previously approved.
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