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On November 19, the New York Times highlighted that in recent times, the CEOs of leading Silicon Valley tech firms have been silently following an unwritten code: steering clear of pricey competitor acquisitions to dodge the regulatory spotlight. However, this week on Tuesday, a pivotal decision by a U.S. federal judge declared that Meta's acquisitions of Instagram and WhatsApp over a decade prior did not unlawfully suppress competition. This verdict could potentially reignite the trend of tech behemoths snapping up budding startups, especially as the tech sector is now pouring significant resources into the AI race. A partner from a venture capital firm remarked that this ruling would do away with the need for regulatory-circumventing strategies, paving the way for a surge in deal-making.
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