Related Question on Metaculus:
Meta Platforms, Inc., formerly known as Facebook, Inc., is a multinational technology conglomerate based in Menlo Park, California. The company is the parent organization of Facebook, Instagram, and WhatsApp, among other subsidiaries.
A number of politicians (e.g. Elizabeth Warren) consider these acquisitions anticompetitive and call for forced breaking up of Meta.
Facebook and FTC
In August 2021 FTC filed a new lawsuit alleging "Facebook resorted to illegal buy-or-bury scheme to crush competition after string of failed attempts to innovate". According to new complaint
Facebook is likely to impose anticompetitive conditions on access to its platform and seek to acquire companies it perceives as potential threats, especially when it next faces “acute competitive pressures from a period of technological transition."
CMA's order to sell Giphy
Facebook would be able to increase its already significant market power in relation to other social media platforms by:
denying or limiting other platforms’ access to Giphy GIFs, driving more traffic to Facebook-owned sites – Facebook, WhatsApp and Instagram – which already account for 73% of user time spent on social media in the UK, or
changing the terms of access by, for example, requiring TikTok, Twitter and Snapchat to provide more user data in order to access Giphy GIFs.
Will Meta Platforms (Facebook) sell Instagram or WhatsApp before 2025?
This question will resolve positively if before January 1, 2025, Meta has sold or divested from Instagram or WhatsApp, according to credible media reports. The divestment must be complete before January 1, 2025 in order to resolve positively. Divestment may be for any reason, whether it is a voluntary decision by Meta or due to a government order (such as an Antitrust violation ordered by the US FTC)