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The Federal Trade Commission lost its antitrust case against Meta last year, but the regulator hasn't given up on its attempts to punish the social media company for its acquisitions of WhatsApp and Instagram. The FTC is appealing a ruling last year in which a federal judge found that the government hadn't proven that Meta is currently operating as a monopoly.
"Meta has maintained its dominant position and record profits for well over a decade not through legitimate competition, but by buying its most significant competitive threats," the FTC's Bureau of Competition Director Daniel Guarnera said in a statement. "The Trump-Vance FTC will continue fighting its historic case against Meta to ensure that competition can thrive across the country to the benefit of all Americans and U.S. businesses."
The FTC originally filed antitrust charges against Facebook in 2020 during President Donald Trump's first term in office. The government argued that by acquiring apps it once competed with, Instagram and WhatsApp, the company had depressed competition in the space and ultimately hurt consumers. A trial last year saw testimony from several current and former executives, including CEO Mark Zuckerberg and former COO Sheryl Sandberg, who spoke at length about the pressure to compete with TikTok.
US District Judge James Boasberg was
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The UK government has announced a consultation, asking people for their feedback on whether to introduce a social media ban for children under 16 years old. It would also explore how to enforce that limit, how to limit tech companies from being able to access children's data and how to limit "infinite scrolling," as well as access to addictive online tools. In addition to seeking feedback from parents and young people themselves, the country's ministers are going to visit Australia to see the effects of the country's social media ban for kids, according to Financial Times.
Australia's minimum age social media ban went into effect on December 10. It's the first of its kind and covers several social media platforms, including Facebook, X, TikTok, Twitch, Snapchat, YouTube and Reddit. Just recently, Meta shut down nearly 550,00 accounts, most of which were on Instagram, to comply with the new law.
The UK passed the Online Safety Act in 2023 and has been enforcing its rules since. Last year, for instance, it started requiring websites that publish pornography to conduct age checks for users. But British politician Liz Kendall said parents still have serious concerns about the content their children can consume online. As
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