New antitrust suit from Phhhoto alleges Facebook copied and killed the competition – TechCrunch

A former upstart Instagram rival is suing Meta, formerly known as Facebook, over allegations that the company violated antitrust laws by cloning a competing product and ultimately killing its business. The app, Phhhoto, launched in 2014, inviting users to create and share short GIF-like videos. If that sounds familiar, that’s because the same functionality was…