A US federal judge dismissed the Federal Trade Commission’s claims that Facebook parent Meta Platforms has an illegal monopoly in social media. The judge rejected one of the government’s main antitrust lawsuits against big tech companies, citing a lack of proof that Meta’s acquisitions of Instagram and WhatsApp have maintained an unlawful monopoly in personal social-networking.
Source: https://www.wsj.com/us-news/law/meta-defeats-ftcs-antitrust-case-alleging-social-media-monopoly-504b2323