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August 22, 2012

Curiosity factor: Why the FTC allowed the Facebook - Instagram purchase

Earlier on, the FTC blessed the much-talked-about Facebook purchase of Instagram. With Facebook getting bigger and bigger and Instagram being a very popular camera app, this was not necessarily considered a slam dunk beforehand. Tech Crunch goes through the bureaucratic findings and distills the reasoning behind the decision, and along the way produces a cool chart showing the most downloaded camera apps. (via Techmeme)

Correction: the approving agency is the FTC (federal trade commission), not the FCC (federal communications commission)! The original post here said FCC instead of FTC. Thanks to @roblarosa for catching it!


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