FTC Is Seeking To Substantially Modify Our Existing Consent Order And 'Impose Additional Restrictions On Our Ability To Operate'
Portfolio Pulse from Benzinga Newsdesk
The Federal Trade Commission (FTC) is looking to significantly modify the existing consent order and impose additional restrictions on Meta Platforms Inc.'s ability to operate.
October 25, 2023 | 8:25 pm
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The FTC's move to modify the existing consent order and impose additional restrictions could potentially impact Meta's operations and profitability.
The FTC's decision to modify the existing consent order and impose additional restrictions could limit Meta's ability to operate effectively. This could potentially lead to a decrease in the company's profitability, which would likely negatively impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100