The Federal Trade Commission is preparing an antitrust lawsuit against Facebook, and Instagram is in its sights. The agency is poised to revisit Facebook’s 2012 acquisition of the popular mobile app, and a long fight may await. Bloomberg reporter Sarah Frier wrote the most in-depth account of Facebook’s Instagram acquisition in her April 2020 book No Filter. She joins the Big Technology Podcast to tell the story of what happened and what may be in store next.