FTC appeals ruling in Meta antitrust case over Instagram, WhatsApp deals [CNBC]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: CNBC
Meta Platforms of bolstering an ?illegal monopoly by acquiring ?Instagram and ?WhatsApp, the FTC's spokesperson said on Tuesday. The case is part of a crackdown on Big Tech that President Donald Trump started ?during ?his first term. Despite a ?ruling last year dismissing the case, “our position has not changed,” FTC spokesperson Joe Simonson said. “Meta violated our antitrust laws when it acquired Instagram and WhatsApp. ?Consequently, American consumers have suffered from Meta's monopoly,” Simonson said. Facebook bought Instagram in 2012 and WhatsApp in 2014. The FTC did not seek to block the deals at the time, but sued in 2020 alleging that Meta, then known as Facebook, held a monopoly on U.S. platforms used to share content with friends and family. The agency sought to force Meta to restructure or sell Instagram and WhatsApp to restore competition, saying the company spent billions of dollars on ?the acquisitions to eliminate nascent competitors. U.S. District Judge James
Show less
Read more
Impact Snapshot
Event Time:
META
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
META alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
META alerts
High impacting Meta Platforms, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
META
News
- Popular analyst reveals 9 'buy the dip' tech stocks [Yahoo! Finance]Yahoo! Finance
- FTC says it will appeal Meta antitrust decision [Yahoo! Finance Canada]Yahoo! Finance Canada
- Billionaire Chamath Palihapitiya Says This Is the Best Artificial Intelligence (AI) Investment for 2026 (Hint: It's Not Even a Stock) [Yahoo! Finance]Yahoo! Finance
- Meta Platforms (NASDAQ:META) had its price target lowered by analysts at UBS Group AG from $915.00 to $830.00. They now have a "buy" rating on the stock.MarketBeat
- Meta Platforms: From Heavy AI CapEx to 2026 ROI? [Yahoo! Finance]Yahoo! Finance
META
Earnings
- 10/29/25 - Miss
META
Sec Filings
- 1/20/26 - Form 3
- 1/20/26 - Form 4
- 1/20/26 - Form 144
- META's page on the SEC website