trendingNowenglish2439228https://zeenews.india.com/technology/us-meta-spar-over-date-of-antitrust-trial-2439228.html
News> Technology
Advertisement

US, Meta spar over date of antitrust trial

The US government accuses Meta of crushing or buying rivals and seeks to force the company to sell photo-sharing app Instagram and messaging app WhatsApp. 

US, Meta spar over date of antitrust trial

New Delhi: US regulators and Meta Platforms Inc are at odds over when to start a high-profile antitrust trial, with the Federal Trade Commission proposing December 2023 and the Facebook parent company asking for more time.

According to a joint filing in the U.S. District Court in Washington late on Tuesday, the FTC proposed a Dec. 11, 2023, start date to allow time for discovery, including document and data production.

Representatives for Meta, which includes Facebook, Instagram and WhatsApp, called the proposed schedule "unrealistic as well as unfair to Meta" and said it needed until Feb. 13, 2024, to complete discovery.

Last month, a U.S. judge rejected the social media company`s bid to dismiss the government`s lawsuit and said the FTC had a plausible case that should allow it to proceed.

In the lawsuit, the U.S. government accuses Meta of crushing or buying rivals and seeks to force the company to sell photo-sharing app Instagram and messaging app WhatsApp. Also Read: LIC IPO: Pradhan Mantri Jeevan Jyoti Bima Yojana subscribers eligible for IPO discount? Know truth

The lawsuit is one of the biggest challenges the U.S. government has brought against a technology company as part of a larger effort to tackle Big Tech`s extensive market power. Also Read: RBI asks NBFCs to implement core financial services solution by Sep 2025

Live TV

Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News.

Read More