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#ftc

29 posts28 participants0 posts today
Public
The Japan Times

The Japan Fair Trade Commission is considering issuing warnings to 15 hotel operators in Tokyo on suspicion that they have violated the antimonopoly act for holding monthly meetings to share internal information. japantimes.co.jp/news/2025/04/ #japan #society #hotels #tourism #ftc

The Japan Times · Tokyo hotel operators face possible warnings over suspected price cartelBy Karin Kaneko
Public
Miguel Afonso Caetano

"Mark Zuckerberg called the head of the Federal Trade Commission in late March with an offer: Meta would pay $450 million to settle a long-running antitrust case that was about to go to trial.

The offer was far from the $30 billion that the FTC had demanded. It was also a fraction of the value of Instagram and WhatsApp, the two apps Meta had bought and were at the heart of the government’s case.

On the call, Zuckerberg sounded confident that President Trump would back him up with the FTC, said people familiar with the matter. The billionaire Facebook co-founder had been developing closer ties to Trump—his company donated $1 million to Trump’s inauguration and settled a $25 million lawsuit—and had been pressing the president in recent weeks to intervene in the monopoly lawsuit.

FTC Chairman Andrew Ferguson found the offer not credible, and wasn’t ready to settle for anything less than $18 billion and a consent decree. As the trial approached, Meta upped its offer to close to $1 billion, the people said, and Zuckerberg led a frenzied lobbying effort to avoid the FTC trial.

It wasn’t enough. On Monday, the trial kicked off. The FTC called Zuckerberg—who privately expressed reluctance about taking the stand—to testify for four hours.

Zuckerberg was back on the witness stand Tuesday, where he faced questioning from an FTC lawyer over whether Facebook had paid $1 billion to buy Instagram to “neutralize” a competitor.

Asked if he would have preferred that Facebook’s own camera app would have grown faster, Zuckerberg responded, “I guess so, yeah. A billion dollars is very expensive.”

Former FTC Chair Lina Khan told the Journal that the company’s $450 million settlement offer was “delusional.”"

wsj.com/us-news/law/mark-zucke

#USA#FTC#SocialMedia
Public
Ecologia Digital

#Caff: "A bola da vez é uma ação #antitruste movida pela #FTC (Comissão Federal de Comércio) dos EUA contra a #Meta, dona do #Facebook, #Instagram e #WhatsApp. O governo norte-americano acusa a empresa de #práticasanticompetitivas ao adquirir o Instagram (em 2012) e o WhatsApp (em 2014) para consolidar um #monopólio nas redes sociais.
A FTC pediu, dentre outras medidas, o desmembramento da Meta, separando assim Instagram e WhatsApp como empresas independentes."
uol.com.br/tilt/colunas/carlos

UOL · Julgamento nos EUA: qual a chance real de fatiarem a Meta por monopólio?By Carlos Affonso de Souza
Public
PrivacyDigest

U.S. Argues Meta Built a #SocialMedia #Monopoly

The Federal Trade Commission opened its first #antitrust trial under the #Trump administration by arguing that Meta’s purchases of #Instagram and #WhatsApp deprived consumers of other social networking options.
#ftc #privacy #meta

nytimes.com/2025/04/14/technol

The Federal Trade Commission opened its first antitrust trial under the Trump administration by arguing that Meta’s purchases of Instagram and WhatsApp deprived consumers of other social networking options.
The New York Times · Meta’s Antitrust Trial Begins as FTC Argues Company Built Social Media MonopolyBy Cecilia Kang
Public
The Japan Times

In a first, the Japan Fair Trade Commission has issued a cease-and-desist order against Google, accusing it of violating the country's anti-monopoly law by forcing manufacturers to preinstall its apps in smartphones. japantimes.co.jp/business/2025 #business #companies #google #phones #bigtech #search #ftc #tech #apps

The Japan Times · In a first, Japan issues cease-and-desist order against GoogleBy Yukana Inoue
Public
Mary-Ann Russon :verified:​

Back on the telly last night on @trtworld discussing the US Meta anti-trust trial 🎤📹

I think it’s possible that the FTC will reach a settlement with Meta, if they have buttered up President Trump enough. However, it could go the other way… 🤷🏻‍♀️

WhatsApp makes up only a tiny amount of Meta’s revenues but it has the highest amount of daily active users.

And Instagram contributes 50% of Meta’s revenues in the US, as well as generating more revenue per user than any other social media platform in the world 💰

So there is a lot of interest 👀 in whether Meta will be forced to sell off its assets or not, from its competitors and the tech industry as a whole, which fears that if Meta is broken up, it will set a precedent preventing large tech firms from acquiring start-ups.

#Meta#WhatsApp#Instagram
Public
newsuaus

🤔 Чи визнають Facebook монополістом? Федеральна торгова комісія (FTC) звинувачує Meta у зловживанні владою та нечесній конкуренції 😮 Розпочався гучний судовий процес, який може визначити майбутнє Кремнієвої долини! Дізнайтеся, чи зможе адміністрація Трампа обмежити вплив технологічного гіганта ⚖️ Читайте деталі в статті!

#Meta #Facebook #Суд #Монополія #FTC #Технології #Економіка

Детальніше: newsua.us/economy/sud-proty-me

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