Meta resorted to 'buy-or-bury scheme' with Instagram and WhatsApp deals, former FTC Chair Lina Khan says
Publishing timestamp: 2025-04-14 13:47:39
Summary
Former FTC Chair Lina Khan discusses how Facebook's acquisitions of Instagram and WhatsApp changed the social networking ecosystem, leading to a trial that could result in Meta divesting the two companies. Khan believes Facebook "panicked" when making the acquisitions and engaged in a "buy-or-bury scheme." The trial with the FTC alleges that Meta monopolized the personal social networking market. Khan emphasizes the importance of free and fair trade in the social networking ecosystem.
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Keywords: donald j. trump, technology, meta platforms inc, mark zuckerberg, social media, breaking news: politics, business news, politics, breaking news: technology, lina khan, donald trump, internet,
Source: https://www.cnbc.com/2025/04/14/former-ftc-chair-khan-meta-acquisitions-instagram-whatsapp.html