David Olson, a professor who teaches antitrust law at Boston College Law School, said it was smart of Meta to take a minority nonvoting stake.
"I think that does give them a lot of protection if someone comes after them," he said, adding that it was still possible that the FTC would want to review the agreement.
The Meta deal has its skeptics. U.S. Senator Elizabeth Warren, a Democrat from Massachusetts who is probing, said Meta's investment should be scrutinized.“
Meta can call this deal whatever it wants - but if it violates federal law because it unlawfully squashes competition or makes it easier for Meta to illegally dominate, antitrust enforcers should investigate and block it," she said in a statement on Friday.
- Date Published:6.16.2025
- Original Publication: Reuters