FTC may have ‘good news’ for Instagram and WhatsApp users

The US Federal Trade Commission is considering asking a court to stop Facebook Inc from moving ahead with plans to integrate its WhatsApp, Instagram and Messenger subsidiaries, The Wall Street Journal reported, citing people familiar with the matter.
Facebook shares closed 2.7% lower, reflecting fears the potential regulatory move could be a first step toward forcing the company to sell apps WhatsApp and Instagram, its fast-growing acquisitions.
Facebook has plans to allow users of its units Messenger, WhatsApp and the direct messaging system within Instagram to communicate with each other, and end-to-end encryption will be extended across the three services.
A source familiar with the matter said the FTC has not asked Facebook to halt the integration, a step that would normally precede a legal challenge. The Wall Street Journal said the FTC could file for an injunction to halt the integration as early as January.

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