The news: Meta is preparing its defense in a US government lawsuit by requesting documents from 132 companies, including its biggest competitors in messaging and social apps and services, per Bloomberg.
How we got here: The US Federal Trade Commission (FTC) launched a lawsuit against Meta, then named Facebook, in 2020. The case was thrown out in June 2021 and refiled in August 2021. The agency is looking to redouble its efforts to expose potential Meta monopoly abuses.
What Meta wants, Meta might not get: Meta says it needs vital information from rivals to defend its case. The company has so far subpoenaed 132 companies for documents, including Snap, TikTok, and Clubhouse, and has said that it may seek information from 100 more.
The problem: Meta, the market leader in messaging and social apps, is looking to involve competitors in its fight against regulators.
Why this could backfire: It’s unlikely that Meta will get its competitors to comply with its requests, and if it persists, Meta could be facing future lawsuits from industry rivals.
This article originally appeared in Insider Intelligence's Connectivity & Tech Briefing—a daily recap of top stories reshaping the technology industry. Subscribe to have more hard-hitting takeaways delivered to your inbox daily.
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