Facebook has asked a US court for eight documents created by the US Federal Trade Commission (FTC) as part of their review of the company’s purchases of Instagram and WhatsApp, which the agency allowed to go forward.
The request was made late on Tuesday and comes in a lawsuit filed by the FTC that has asked the court to order both of those deals undone. Facebook bought Instagram for $1 billion in 2012 and WhatsApp for $19 billion in 2014.
The FTC sued Meta’s Facebook in 2020, during the Trump administration, alleging that the company acted illegally to maintain its social network monopoly.
Facebook is fighting the lawsuit, and wants the materials as part of that fight. “Both the Instagram and the WhatsApp documents are almost certain to reveal that the FTC determined that each acquisition was unlikely to lessen competition or harm consumers,” Facebook said in its filing.
The company argued that the FTC had given the documents to the House Judiciary Committee when it probed the tech giants, also including Amazon, Alphabet’s Google and Apple Current FTC Chair Lina Khan was on the staff of that committee.
“Any claim of privilege was waived when the FTC chose to voluntarily share the documents with House Judiciary Committee members and staff,” Facebook said in its filing.
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
BHP Unveils £31bn Mining Megamerger Proposal with Anglo American
Apr 25, 2024 by
nhoch@pymnts.com
ByteDance Prefers Shutdown Over Sale of TikTok Amid US Ban Threats
Apr 25, 2024 by
CPI
FCC Votes to Restore Net Neutrality Rules
Apr 25, 2024 by
nhoch@pymnts.com
Apple Rejects Spotify’s Updated App Over In-App Pricing Disclosure
Apr 25, 2024 by
CPI
FCC Set to Reinstate Net Neutrality Rules Today
Apr 25, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI