SocialNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Faces FTC Antitrust Trial Over Social Media Dominance

Meta Platforms (NASDAQ: META) began its high-stakes antitrust battle with the Federal Trade Commission (FTC) as the trial opened in federal court Monday. The FTC accuses Meta of illegally maintaining a social media monopoly through acquisitions of Instagram and WhatsApp, which the agency argues were strategic moves to suppress competition. The outcome could reshape how tech giants operate and acquire competitors, with potential ripple effects across the digital advertising landscape. Meta contends the acquisitions were legal and enhanced consumer choice, setting up a closely watched legal showdown.

Meta shares are trading at $488.47, down 0.6% as the trial’s implications weigh on investor sentiment across the tech sector.

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About Meta Platforms Inc.

Meta Platforms Inc. is a global technology company that builds applications and devices to help people connect and build communities. Its family of apps includes Facebook, Instagram, WhatsApp, and Threads, while its Reality Labs division focuses on augmented and virtual reality technologies. Headquartered in Menlo Park, California, Meta is driving innovation in social connection, immersive experiences, and artificial intelligence.

About SocialMediaRelations

SocialMediaRelations (“SMR”) is a dynamic communications platform with a focus on public and private companies in the transformative social media space. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, SMR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, SMR brings its clients unparalleled recognition and brand awareness. SMR is where breaking news, insightful content and actionable information converge.

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For more information, please visit https://www.SocialMediaRelations.com

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SocialMediaRelations
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