Facebook asks U.S. court for old FTC merger documents in antitrust fight

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WASHINGTON (Reuters) – Meta’s Facebook has requested a U.S. court for eight documents created by the U.S. Federal Trade Commission as a part of their evaluate of the corporate’s purchases of Instagram and WhatsApp, which the company allowed to go ahead.

The request was made late on Tuesday and comes in a lawsuit filed by the FTC that has requested the court to order each of these offers undone. Facebook purchased Instagram for $1 billion in 2012 and WhatsApp for $19 billion in 2014.

The FTC sued Meta’s Facebook in 2020, through the Trump administration, alleging that the corporate acted illegally to take care of its social community monopoly.

Facebook is preventing the lawsuit, and needs the supplies as a part of that fight.

“Both the Instagram and the WhatsApp documents are nearly sure to disclose that the FTC decided that every acquisition was unlikely to reduce competitors or hurt shoppers,” Facebook stated in its submitting.

The firm argued that the FTC had given the documents to the House Judiciary Committee when it probed the tech giants, additionally together with Amazon, Alphabet’s Google and Apple. Current FTC Chair Lina Khan was on the workers of that committee.

“Any declare of privilege was waived when the FTC selected to voluntarily share the documents with House Judiciary Committee members and workers,” Facebook stated in its submitting.

The FTC didn’t instantly reply to a request for touch upon the submitting.

Among the documents being requested are the memos that the FTC Bureau of Competition and Bureau of Economics wrote for commissioners about whether or not the Instagram deal needs to be allowed to shut. Meta can be asking for notes made by Bureau of Competition personnel in regards to the WhatsApp transaction.

(Reporting by Diane Bartz; Editing by Tomasz Janowski)



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