Tag : Federal Trade Commission

World News

‘Resort fees’ in the U.S. must now be disclosed. But some aren’t celebrating yet

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A new U.S. rule that requires hotel and short-term lodging companies to disclose so-called “junk fees” starts Monday.   Announced by the Federal Trade Commission in...
Technology

The 2006 Zuckerberg Quote at the Center of Meta’s Antitrust Trial

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In September 2006, Mark Zuckerberg, the chief executive of Facebook, described what made his social network special. “Facebook is about real connections to actual friends,”...
Technology

Why Antitrust Breakups of Google and Meta Could Be Difficult

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The last time the courts seriously weighed the wisdom of breaking up a giant technology company was a quarter-century ago, after Microsoft was found to...
Technology

At Trial, Mark Zuckerberg Avoids Explaining Takeovers of Instagram and WhatsApp

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In his second day on the stand in a landmark antitrust trial, Mark Zuckerberg, the chief executive of Meta, on Tuesday defended the social media...
Technology

What If Mark Zuckerberg Had Not Bought Instagram and WhatsApp?

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In 2012, when Facebook chief executive Mark Zuckerberg cut a $1 billion check to buy the photo-sharing app Instagram, most people thought he had lost...
Technology

U.S. Argues Meta Built a Social Media Monopoly

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The Federal Trade Commission on Monday accused Meta of creating a monopoly that squelched competition by buying start-ups that stood in its way, kicking off...
Technology

U.S. Prepares to Challenge Meta’s Social Media Dominance

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Soon after Mark Zuckerberg co-founded Facebook in his Harvard dorm room in 2004, the social network skyrocketed in popularity. Roughly a decade later, the company...