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States lose bid to revive Meta antitrust case
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A push by a coalition of state attorneys general to revive an antitrust case against tech giant Meta was rejected by a federal court of appeals on Thursday. |
The D.C. Circuit Court of Appeals said the lawsuit, which focuses on Facebook parent company Meta's acquisitions of WhatsApp and Instagram, is "not only odd, but old." The court argued the states waited too long to bring the lawsuit, which was filed in 2020 and focused on the 2012 and 2014 acquisitions of WhatsApp and Instagram. Federal regulators at the time approved both acquisitions. The D.C. circuit court decision also questions the basis of the argument that Meta is violating antitrust laws. "We note in particular that courts should proceed cautiously when asked to deem novel products or practices anticompetitive," the decision stated. "Many innovations may seem anti-competitive at first but turn out to be the opposite, and the market often corrects even those that are anti-competitive," it added. The tech giant is still facing a case brought by the Federal Trade Commission (FTC) on similar allegations. A judge last January said the FTC's case could proceed after the agency filed a revised version of its initial complaint. A Meta spokesperson said in a statement Thursday the appeals court "rightly recognized" that the case "fundamentally mischaracterized the vibrant competitive ecosystem in which we operate" and pledged to continue to fight against the FTC case. "Moving forward, Meta will defend itself vigorously against the FTC's distortion of antitrust laws and attacks on an American success story that are contrary to the interests of people and businesses who value our services," the spokesperson said. Read more in a full report at TheHill.com. |
Welcome to The Hill's Technology newsletter, we're Rebecca Klar and Ines Kagubare — tracking the latest moves from Capitol Hill to Silicon Valley. | |
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How policy will be impacting the tech sector now and in the future: |
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Twitter and Tesla CEO Elon Musk was seen on Capitol Hill on Wednesday for a meeting with Senate Majority Leader Chuck Schumer (D-N.Y.). Musk told reporters that he and Schumer talked about the economy and the future of artificial intelligence. The two met for over an hour. Schumer in a release from his office said the pair "had a very good meeting." "We talked about Buffalo, Tesla has a large plant in Buffalo. And we talked … |
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| Washington Gov. Jay Inslee (D) signed a law Thursday that aims to protect customer health data on third-party apps, especially those used for reproductive health tracking. The “My Health, My Data Act” was passed by the state legislature earlier this month and aims to expand privacy protections associated with collecting, sharing and selling health data of consumers. Inslee noted in a Medium post that some apps can … |
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A short video message posted online by former Fox News host Tucker Carlson following his ouster from the network had racked up more than 57 million views on Twitter as of Thursday afternoon. Carlson’s cryptic two-minute message was posted around 8 p.m. Wednesday. He did not directly address his sudden departure from the network or plans for the future. For comparison, President Biden’s relaunch video posted on the … |
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News we've flagged from the intersection of tech and other topics: |
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How Elon Musk is ramping up AI work |
Tesla and Twitter CEO Elon Musk is ramping up work on artificial intelligence (AI), even as he is publicly warning of its dangers, The New York Times reported. |
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Dropbox to cut 16% of workforce |
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Branch out with other reads on The Hill: |
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It’s not "game over" yet for Microsoft’s quest to buy the video game maker Activision Blizzard, but the software giant is starting to run out of clear pathways to complete its $69 billion takeover. A major setback came Wednesday when British antitrust regulators said they would block … |
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Two key stories on The Hill right now: |
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Montana Gov. Greg Gianforte (R) is being lobbied by one of his children who identifies as gay and nonbinary not to sign legislation that would ban … Read more |
| White House press secretary Karine Jean-Pierre on Thursday said it was “undemocratic” for the Montana statehouse to move to censure state … Read more |
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Opinions related to tech submitted to The Hill: |
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You're all caught up. See you tomorrow! |
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