Meta Platforms (META) facing antitrust battle after FTC accuses of violations
From Yahoo Finance: 2025-04-05 11:17:00
Meta Platforms, also known as META, is facing a challenging future with negative headlines impacting the social media giant. Despite CEO Mark Zuckerberg’s efforts to maintain a good relationship with President Donald Trump, recent tariffs are affecting most sectors. META stock has been down 16% year-to-date, and a looming federal court battle could have significant consequences for the company. The lawsuit, brought by the FTC, accuses Meta of antitrust violations related to the acquisitions of Instagram and WhatsApp. The outcome of this case could reshape the social media landscape and set a precedent for tech regulation moving forward.
Read more at Yahoo Finance: Meta Platforms fights for its life in historical antitrust battle