FTC v. Meta: the antitrust battle over Instagram and WhatsApp
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Buying Instagram was a ‘grand slam home run.’
Carlton is baffled how FTC expert Hemphill could say users would have been better off had Meta never bought Instagram in WhatsApp. Instagram, he says, “exceeded the expectations that people had at the time of acquisition, so to say that it would have been even better — how can you say that?” With WhatsApp, he adds, Meta actually lowered the price users had to pay for the service, from a dollar a year in some cases, to zero.
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