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Comment by iambateman

> Meta could have chosen to compete with then-upstart photo sharing app Instagram in 2012, a senior FTC official said on a call with reporters ahead of the trial, but instead it bought it, and did the same with WhatsApp.

This has a potentially very-chilling effect on acquisitions, which are a major source of liquidity for lots of secondary companies.

parent iambateman 1 year ago

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