The Federal Trade Commission (FTC) has lost one of its key lawsuits against the big tech sector with a US District Judge ruling that Meta Platforms did not breach anti-trust law with its acquisition of rivals Instagram and WhatsApp in 2014.
In an 89-page ruling, Judge James Boasberg said Meta (Facebook’s parent) did not create a monopoly in personal social media networking with the acquisitions – a market, the judge said, that continues to expand with competitors such as TikTok and YouTube.
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