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The Morning Hustle

5:00 am 9:00 am

Current show

The Morning Hustle

5:00 am 9:00 am


antitrust

Washington: Dozens of states led by New York asked a US federal appeals court on Friday to reinstate an antitrust lawsuit filed against Facebook. “Facebook is a monopolist that has exploited its immense market power to crush competition. Through an ongoing course of conduct to ‘buy or bury’ nascent competitors, Facebook has maintained a monopoly […]

(AP) – A federal judge has ruled that the Federal Trade Commission’s revised antitrust suit against Meta, formerly known as Facebook, can proceed, shutting down the social media company’s request for a dismissal. In a revised complaint filed last August, the FTC argues that the company pursued a “buy or bury” strategy against rivals to […]

Signage is seen outside of the law firm Kirkland & Ellis LLP in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register Summary Law firms Related documents Appellate veteran says Houston federal judge has prejudged merits of Pulse Network’s lawsuit Visa’s lawyers at Gibson Dunn call claims […]

RJ Pierce, Tech Times 17 December 2021, 02:12 am Meta’s acquisition of the VR fitness app Supernatural is now the target of a new antitrust probe by the FTC. (Photo : Kelly Sullivan/Getty Images for Facebook)MENLO PARK, CALIFORNIA – OCTOBER 28: Facebook debuts its new company brand, Meta, at their headquarters on October 28, 2021 […]

On Tuesday, the UK’s Competitors and Markets Authority did what different regulatory our bodies world wide have to date solely dreamed of: order Meta (née Fb) to spin off certainly one of its many subsidiaries. The UK regulators dominated that the corporate should undo its acquisition of Giphy, a preferred search engine for GIFs. Sure, […]

The UK Competitors and Markets Authority stated on Tuesday that Meta’s management of the favored search engine for GIFs — quick, looping movies and animations — would scale back competitors between social media platforms and had already eliminated one potential rival within the promoting market. Fb (FB), as Meta was then recognized, purchased Giphy, reportedly […]

Defunct photograph app Phhhoto is suing Meta, previously Fb, on antitrust grounds, claiming the social media platform feigned curiosity in working with it, however then copied its options and hid its identify from search outcomes, successfully driving it out of enterprise. Phhhoto’s expertise allowed customers to seize 5 frames “in a single point-and-shoot burst,” which […]