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Meta Triumphs in Antitrust Case Brought by FTC in the Social Media Arena
3 day ago /
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Author：小编
On November 18 (local time), James Boasberg, a federal district judge presiding in Washington, handed down a ruling. His decision stated that Meta's acquisitions of Instagram and WhatsApp did not run afoul of U.S. antitrust regulations. The FTC was unable to substantiate its claim that these deals enabled Meta to unlawfully dominate the social networking landscape. In the realm of official statements, an FTC spokesperson mentioned that they are currently in the process of assessing the viable options at their disposal. Meanwhile, a Meta spokesperson highlighted that the court's verdict serves as recognition of the intense competition the company confronts.
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