The biz of data
By
Binu Mathew
This Monday, the United States Federal Trade Commission (FTC) opened a landmark lawsuit against Meta — an antitrust violation under Section 2 of the Sherman Antitrust Act — for which a US district court in Washington DC is holding a trial to determine if the tech giant unlawfully acquired rivals like Instagram and WhatsApp to eliminate competition and to establish a monopoly for itself in the social media space.