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Meta antitrust trial kicks off in federal court

(www.axios.com)
431 points c420 | 1 comments | 14 Apr 25 13:18 UTC | HN request time: 0.203s | source
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iambateman ◴[14 Apr 25 19:45 UTC] No.43685448[source]▶
> Meta could have chosen to compete with then-upstart photo sharing app Instagram in 2012, a senior FTC official said on a call with reporters ahead of the trial, but instead it bought it, and did the same with WhatsApp.

This has a potentially very-chilling effect on acquisitions, which are a major source of liquidity for lots of secondary companies.

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huitzitziltzin ◴[14 Apr 25 19:58 UTC] No.43685630[source]▶
The large tech firms get a surprisingly large amount of hate on antitrust issues on this website for startups so I appreciate your point bc I think it’s often missed.
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1. ◴[14 Apr 25 20:09 UTC] No.43685757[source]▶