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Meta Dredges Sensitive Data for Over 100 Rival Companies While Still Claiming It Isn't a Monopoly

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The FTC’s lawsuit against Meta accused the company of being anticompetitive, but the social company says it needs rivals’ data to prove it isn’t a monopoly.

on Meta having filed 132 subpoenas of some of the biggest tech and social media companies around, including

ByteDance-owned TikTok, Twitter, Reddit, and Snap, whose apps remain some of Facebook and Instagram’s biggest competitors. As much as the requests for data say they need to show how much competition Meta faces amongst its rivals, they also ask for an incredible amount of sensitive data about each apps targeted ad capability, user data, marketing strategies, and contacts for their biggest advertisers.

filed in August last year, which added even more fuel to the smoldering embers of Meta’s attempts to push out rivals via buyouts and anti competitive activity. The FTC has argued that Meta’s acquisitions of Whats App and Instagram were anticompetitive, pushing up prices for the entirety of the social network market. Meta had asked the court to

 

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