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Facebook Sought To 'Neutralize' Competitive Threats, FTC Argues As Landmark Antitrust Trial Begins

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    By msmashApr 14, 2025, 10:40 am275 pts
    photo of Facebook Sought To 'Neutralize' Competitive Threats, FTC Argues As Landmark Antitrust Trial Begins imageAn anonymous reader shares a report: An attorney for the Federal Trade Commission told a judge that Facebook, fearing the competitive threat of Instagram posted to their social media network, acquired both as a way to "neutralize" the rival. "They decided that competition was too hard," the FTC's attorney,…
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