Meta Wins FTC Antitrust Trial Over Instagram, Whatsapp Deals

Meta Wins FTC Antitrust Trial Over Instagram, Whatsapp Deals



Meta Wins FTC Antitrust Trial Over Instagram, Whatsapp Deals

Meta Platforms Inc. won a key lawsuit Tuesday after a federal judge ruled that the company’s acquisitions of the photo-sharing app Instagram and messaging service WhatsApp don’t violate US antitrust law.

US District Judge James Boasberg in Washington said the US Federal Trade Commission failed to prove the deals allowed the tech giant to illegally monopolize the social networking market.


www.bloomberg.com
#Meta #Wins #FTC #Antitrust #Trial #Instagram #Whatsapp #Deals

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