The United States had set a criterion for resolving the Facebook case

• The FTC has asked a judge to order Facebook to unwind its 2012 and 2014 acquisitions of Instagram and WhatsApp.
• The United States Federal Trade Commission Chair Lina Khan, who promised tougher antitrust enforcement, said she would not rule out a settlement with Meta’s Facebook, which the agency sued in 2020, but said any agreement would face a high bar
• Facebook has requested that the FTC’s chairman recuse himself from the decision in the antitrust case.

The United States has set a high standard for settling the law suit against Facebook, according to the chair of the Federal Trade Commission.

The FTC has asked a judge to order Facebook to unwind its 2012 and 2014 acquisitions of Instagram and WhatsApp.

The United States Federal Trade Commission Chair Lina Khan, who promised tougher antitrust enforcement, said she would not rule out a settlement with Meta’s Facebook, which the agency sued in 2020, but said any agreement would face a high bar.

In an interview on Tuesday, she also criticised what she called a large number of obviously illegal transactions and stated that she was not a fan of asset sales to resolve problematic mergers. She also dislikes behavioral remedies, in which companies commit to a specific policy change for a set number of years.

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The FTC sued Facebook in December 2020, under former President Donald Trump, alleging that the company acted illegally to maintain its social network monopoly. When asked if a settlement was likely, Khan stated: “We’ve outlined the relief that we believe is required. I believe you can calculate the likelihood of Facebook willingly accepting some of that relief.”

The FTC has asked a judge to order Facebook to unwind its 2012 and 2014 acquisitions of Instagram and WhatsApp.

“Of course, as an agency, we’re always thinking about, you know, preserving resources, how to think about settlements, the trade-offs against pursuing litigation,” she added.

Facebook has requested that the FTC’s chairman recuse himself from the decision in the antitrust case.
She was also critical of companies that presented mergers to the government that they knew would fail antitrust scrutiny.

“At an unacceptably high rate, we see companies propose illegal, facially illegal mergers,” she said, adding that companies frequently know their deals are illegal and propose fixes. “I believe that is the wrong approach. I believe we must foster an environment in which parties come to us with clean deals rather than deals that appear to be illegal.”

She claims that behavioural remedies, such as putting firewalls between different departments in a company, do not address underlying issues.