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Why the FTC Should Block Facebook’s Acquisition Of Instagram


On June 5, 2012, Eric Jackson argued why the FTC should block FB from buying Instagram.

“The FTC announced last week that it was seeking more information about Facebook‘s (FB) proposed $1 billion acquisition of photo-sharing site Instagram.

This second-round of additional information-seeking by the FTC suggests they aren’t willing to just rubber-stamp the deal.

Most people think it’s a foregone conclusion that the government will allow the deal to happen.”

 See Eric Jackson’s commentary in Forbes.

UPDATE: Jackson raised this issue in 2012, years before the issue gained more attention in 2019.

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