Market Chatter: Meta Platforms Lobbying Trump Administration to Avoid Antitrust Trial

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Market Chatter: Meta Platforms Lobbying Trump Administration to Avoid Antitrust Trial

, MT Newswires - 6:43 AM ET 4/3/2025 default

06:43 AM EDT, 04/03/2025 (MT Newswires) -- Meta Platforms ( META ) is lobbying the White House for a deal to avoid the company facing an antitrust trial scheduled to begin on April 14, The Wall Street Journal reported Wednesday, citing unnamed people familiar with the matter.

Meta officials and lawyers have met with Trump and senior advisers before the Federal Trade Commission trial that could force the company to shed WhatsApp and Instagram, the Journal reported.

The details of the possible settlement were not clear, the report said.

Meta and the White House did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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