Takeaways – – – • The FTC’s weak lawsuit against Meta ignores reality. In order to try to win this case, the FTC is alleging that our only competitors are Snapchat and an app called MeWe. – • The evidence at trial will show what every 17-year-old in the world knows: Instagram competes with TikTok (and YouTube and X and many other apps).� – • More than 10 years after the FTC reviewed and cleared our acquisitions, the Commission’s action in this case sends the message that no deal is ever t…
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