Wait, you're saying FB was allowed to buy Insta because regulators assumed they'... | Hacker News

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		boppo1 on April 14, 2022 \| parent \| context \| favorite \| on: Elon Musk makes $43B unsolicited bid to take Twitt... Wait, you're saying FB was allowed to buy Insta because regulators assumed they'd fumble the ball? That they wanted Insta to die off?

mikepurvis on April 14, 2022 [–]

I think more just that there was precedent for that type/scale of acquisition.

majormajor on April 14, 2022 | [–]

But Facebook bought Instagram before Vine was a thing, the causality is backward if you're interested in why FB/Insta was approved!

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