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Overall, Meta isn’t holding back, calling the FTC’s evidence largely speculative. Their motion specifically stated that the FTC has no evidence that Meta holds a 60% market share in any market ...
Shareholders claim that Mark Zuckerberg and other top officials should have to reimburse Facebook for $8 billion in fines and ...
Meta has called the FTC’s case “weak” and, in a show of confidence, wrapped up its defense earlier than expected last week after calling just a few witnesses.
The FTC fined Facebook $5 billion in 2019 after finding that it failed to comply with a 2012 agreement with the regulator to ...
The FTC is calling for Meta to undo the now decade-old sales. After five weeks of trial, Meta said the FTC failed to show the company has a monopoly over personal social networking.
Mark Zuckerberg and other Meta executives have put an end to the $8 billion Cambridge Analytica privacy lawsuit with a ...
AP Last week, Meta asked the judge to throw out the case midway through trial, asserting that the FTC had failed to prove its argument. Boasberg shot down the request.
The FTC just rested its case following weeks of testimony in a landmark antitrust case against Meta. But before Meta can begin its defense, the company's lawyers have opted for another move ...
Meta asked a federal judge Thursday to toss the Federal Trade Commission’s (FTC) case against the social media giant, arguing the agency failed to prove at trial that the company violated ...
During Meta’s opening defense arguments against the FTC, it showed the court data from when TikTok was briefly offline before President Trump intervened to bring it back. While TikTok was down ...
Beyond that, Meta argues that, far from harming competition, their acquisitions actually made things better. They claim the FTC hasn’t proven that Meta reduced the quality or output of its services.