Meta Chief Legal Officer Jennifer Newstead on Friday lashed out at the Federal Trade Commission’s lawsuit charging her company has an illegal stranglehold on social media, saying the FTC is defining that market in a nonsensical way and objecting to acquisitions the agency itself cleared years ago.
“The FTC’s message in this case is clear: no deal is ever truly final, and businesses can be punished for innovating to give people greater value and choice,” Newstead wrote in a company blog post.
