The FTC filed a lawsuit in 2020 asking a court to undo then-Facebook's acquisitions of Instagram for $1 billion in 2012 and WhatsApp for $19 billion in 2014. It said that the company acted illegally to maintain its social network monopoly.  (Reporting by Diane Bartz Editing by Bill Berkrot)  ((Diane.Bartz@thomsonreuters.com; 1 202 898 8313;))
Neutral
Neutral
Instagram
Neutral
Neutral
FTC
Neutral
Neutral
WhatsApp
Negative
Negative
Facebook