Meta wins antitrust lawsuit in the US

ua.korrespondent.net (Ukrainian)

Meta won a five-year antitrust lawsuit in the US. A court ruled the company is not a monopoly in the current social media market. The Federal Trade Commission (FTC) failed to prove Meta's acquisitions of Instagram and WhatsApp violated antitrust laws. The judge cited significant market changes and strong competition, including TikTok, as reasons for the ruling. The lawsuit focused on whether Meta currently holds a monopoly. Internal documents revealed Facebook's past concerns about Instagram's growth, but the court prioritized the present market landscape.


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