Facebook, Instagram nuptials get US watchdog blessing
Facebook's proposed $1bn buyout of photo filter Instagram has been cleared by the US Federal Trade Commission. The greenlight follows the UK's merger and acquisitions regulator confirming last week that it was unconcerned about the takeover affecting competition in Blighty. Meanwhile, the FTC seemed equally apathetic about …
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Dear Facebook....
.....if you want to piss $1Billion up the wall on Instagram, then fill your boots.
Love and kisses,
US Federal Trade Commission.
Re: Dear Facebook....
There was never any doubt, it had already been decided.......
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