The Daily Hodl
2022-07-28 18:41:35

FTC Files Lawsuit Against Social Media Giant Meta for Allegedly Violating Antitrust Laws

The Federal Trade Commission (FTC) is filing a lawsuit against social media titan Meta for allegedly monopolizing the metaverse. In a new press release, the regulatory agency says it’s suing the company, along with CEO Mark Zuckerberg, for attempting an illegal acquisition that would greatly expand Meta’s grasp of the virtual reality industry. “The company’s […]The post FTC Files Lawsuit Against Social Media Giant Meta for Allegedly Violating Antitrust Laws appeared first on The Daily Hodl.

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