Sullivan & Cromwell Discusses Meta Victory in FTC Case Challenging Instagram and WhatsApp Acquisitions

By Christopher A. Graham, Renata B. Hesse, Samantha F. Hynes and Renic B. Sloan December 9, 2025 by renholding

Summary

In December 2020, the FTC sued Meta, alleging that Meta held a monopoly in the market for personal social networking and had illegally maintained that monopoly through a years-long course of anticompetitive conduct that included acquiring Instagram in 2012

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How Does Delaware Do It? Judges Alone Don’t Explain Chancery’s Speed

By Matthew Jennejohn July 28, 2022 by renholding

On July 19, 2022, in the Twitter v. Musk litigation, Chancellor Kathaleen McCormick presided over what was likely the most widely observed hearing on a motion to expedite in the Delaware Court of Chancery’s history. While deal bust-ups are front …

Is Social Capital Associated with Corporate Innovation?

By Iftekhar Hasan, Chun-Keung (Stan) Hoi, Qiang Wu and Hao Zhang July 31, 2020 by renholding

Both formal and informal institutions affect economic behavior in important ways, as economist Douglass C. North explained in his 1993 Nobel Prize lecture. Formal institutions include laws and regulations, and informal institutions include culture and norms. In a recent study, …