NEW YORK, Nov 25 (Reuters) - Facebook owner Meta
Platforms ( META ) will face trial in April over the U.S.
Federal Trade Commission's allegations that the social media
platform bought Instagram and WhatsApp to crush emerging
competition, a judge in Washington said on Monday.
The FTC sued in 2020, during the Trump administration,
alleging the company acted illegally to maintain a monopoly on
personal social networks. Meta, then known as Facebook, overpaid
for Instagram in 2012 and WhatsApp in 2014 to eliminate nascent
threats instead of competing on its own in the mobile ecosystem,
the FTC claims.
Judge James Boasberg set trial in the case for April 14.
Boasberg earlier this month rejected Meta's argument that
the case should be dismissed as it depends on an overly narrow
view of social media markets. The lawsuit does not account for
competition from ByteDance's TikTok, Alphabet's
YouTube, X, and Microsoft's ( MSFT ) LinkedIn, Meta had argued.
Boasberg said that while the case should go forward to
trial, "time and technological change pose serious challenges"
to the FTC's market definition.
"The Commission faces hard questions about whether its
claims can hold up in the crucible of trial. Indeed, its
positions at times strain this country's creaking antitrust
precedents to their limits," the judge said in the Nov. 13
ruling.