The FTC scrambles to rescue its Meta break-up suit

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., arrives at Gimpo International Airport in Seoul, South Korea, on Tuesday, Feb. 27, 2024. (Credit: SeongJoon Cho—Bloomberg/Getty Images)

Meta is having another one of those days where it finds itself in the headlines for all the wrong reasons.

First up is the Federal Trade Commission’s allegation that Facebook, as the company was called at the time, withheld information from the agency when the FTC was reviewing its acquisitions of Instagram in 2012 and WhatsApp in 2014.