Meta antitrust trial is a litmus test for the MAGA coalition
Business,FTC,Meta,Mark Zuckerberg,Antitrust,Trial
From the Center
Analysis
MAGA leaders will be watching events in a courtroom in Washington DC today very closely. Meta is defending itself against a competition lawsuit filed by the US government, which may result in the tech company being broken up. The Federal Trade Commission (FTC)’s case argues that the acquisitions of Instagram in 2012 and WhatsApp in 2014 by Facebook (as it was then known) gave the company an unfair advantage. It may seem like ancient history, but the deals provided Meta with ownership of three of the four most popular social networks today.
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