US prepares to challenge Meta’s social media dominance

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Soon after Mark Zuckerberg co-founded Facebook in his Harvard University dorm room in 2004, the social network skyrocketed in popularity. Roughly a decade later, the company experienced another round of explosive growth after buying its smaller rivals Instagram and WhatsApp, cementing its place in social media.

On Monday, Judge James Boasberg of the U.S. District Court for the District of Columbia will begin considering a landmark monopoly case involving the company — now called Meta — that hinges on a novel legal question: Did it break the law to…



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US prepares to challenge Meta’s social media dominance


Soon after Mark Zuckerberg co-founded Facebook in his Harvard University dorm room in 2004, the social network skyrocketed in popularity. Roughly a decade later, the company experienced another round of explosive growth after buying its smaller rivals Instagram and WhatsApp, cementing its place in social media.

On Monday, Judge James Boasberg of the U.S. District Court for the District of Columbia will begin considering a landmark monopoly case involving the company — now called Meta — that hinges on a novel legal question: Did it break the law to…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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