The complaint filed by Meta*'s social media platform Facebook* resulted in the closure of Phhhoto's photo-sharing platform in violation of antitrust laws in the United States.
Phhhoto Inc. filed the lawsuit after the US antitrust deadline expired, according to district court judge Kiyo Matsumoto, who also noted that "no exceptions apply to the statute of limitations."
Phhhoto was established in 2014 as a video sharing app for five frames that looped back. Facebook* purchased Instagram* for $1 billion, and the plaintiff referred to its app as Facebook's "innovative emerging competitor" *. "Meta used its position in court to mislead and harm consumers," according to Phhhoto's lawyers.
* Included in the list of public organizations and religious organizations for which the court pronounced a final decision to liquidate or intercede on the grounds provided for by Federal Law No. 114-FZ of July 25, 2002 "On combating extremist activity."
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