FTC

Meta Platforms Inc. (NASDAQ:META) urged a federal judge to dismiss the significant antitrust case filed by the Federal Trade Commission (FTC) during an ongoing trial that could potentially lead to the breakup of the tech behemoth. What Happened: Meta has requested the court to dismiss the FTC...

Editor’s Note: The story has been updated with Amazon’s statement. The Federal Trade Commission has accused Amazon.com Inc. (NASDAQ:AMZN) of concealing key evidence in the antitrust case that claims the retail giant abused its market power. As per a new court filing, the FTC says Amazon...

The antitrust trial from the Federal Trade Commission against Meta Platforms (NASDAQ:META) has centered on the company's acquisitions of Instagram and WhatsApp. The FTC is accusing META of using its power to acquire smaller companies through a "buy or bury" strategy. The trial has revealed that...

On Thursday, Instagram CEO Adam Mosseri's testimony revealed how TikTok's explosive rise forced the Meta Platforms, Inc. (NASDAQ:META)-owned app into a fight for survival. What Happened: Mosseri testified in the Federal Trade Commission's antitrust case against Meta, where the U.S. government...

An antitrust trial against Meta Platforms (NASDAQ:META) has put the company's segments, such as Instagram and WhatsApp, into the spotlight, as the company could be forced to divest these units. A Benzinga reader poll shows a potential break-up could be a value unlock for Meta Platforms as they...

On Wednesday, in the ongoing antitrust trial against Meta Platforms, Inc. (NASDAQ:META), former COO Sheryl Sandberg testified about the company's efforts to block advertisements from potential competitors like Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Plus, KakaoTalk, and LINE. What...

The Federal Trade Commission (FTC) has launched a wide-ranging public inquiry into federal regulations that could be stifling competition. The initiative comes after an executive order from President Donald Trump issued earlier this month, directing federal agencies to identify and eradicate rules...

More than a decade after Snap Inc. (NYSE:SNAP) turned down a multibillion-dollar buyout from Facebook, the failed deal is back in the spotlight as Mark Zuckerberg testifies in Meta Platforms Inc.'s (NASDAQ:META) high-stakes antitrust trial. What Happened: On Tuesday, during his second day on the...

In a high-stakes antitrust trial that began Monday in Washington, D.C., the Federal Trade Commission called on Meta Platform, Inc. (NASDAQ:META) to divest Instagram and WhatsApp, alleging these deals formed part of an illegal “buy or bury” strategy to monopolize social networking.  The...

On Monday, Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg testified in a Washington, D.C., courtroom. What Happened: The Federal Trade Commission (FTC) and Meta opened arguments in a trial that could lead to the forced divestiture of Instagram and WhatsApp, reported CBS News. "There's...

Social media giant Meta Platforms (NASDAQ:META) could be forced to spinoff or divest Instagram and WhatsApp as the result of a pending trial with the Federal Trade Commission. What Happened: Lina Khan, who stepped down as FTC Chair in January 2025, is speaking out as Meta's antitrust trial begins...

The Federal Trade Commission on Wednesday requested a delay in its trial against Amazon.com, Inc. (NASDAQ:AMZN), citing resource constraints due to recent cuts by the Department of Government Efficiency. Later in the day, the FTC reversed its stance and said it would meet the schedule set by the...

Questions about tariffs, electric vehicles and the new White House administration could dominate General Motors Co (NYSE:GM) fourth-quarter financial results Tuesday before market open. Here's a look at the analyst estimates and key items to watch. Earnings Estimates: Analysts expect General Motors...

Food delivery platform Grubhub must pay $25 million and make substantial operational changes following a settlement with the Federal Trade Commission and Illinois Attorney General Kwame Raoul over allegations of deceptive business practices, officials announced Tuesday. What Happened: The...

Video platform company Rumble Inc (NASDAQ:RUM) could have reasons to smile with several announced picks of the new White House administration. What Happened: Rumble filed several lawsuits against Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) unit Google over the years, alleging favoritism for YouTube in...