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Meta Used 'Buy Or Bury' Strategy To Monopolize Social Media, FTC Says

Summary

In a high-stakes antitrust trial that began Monday in Washington D.C., the FTC called for the divestiture of Meta's Instagram and WhatsApp, alleging the acquisitions formed part of an illegal "buy or bury" strategy to monopolize social networking.

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Article published on April 15, 2025 by benzinga