Judge Rules Meta Does Not Hold Illegal Monopoly in Social Media Networking

Date:

Technology company Meta Platforms at a booth during the AI+Expo Special Competitive Studies Project in Washington on June 2, 2025. Madalina Vasiliu/The Epoch TimesA federal judge has ruled against the Federal Trade Commission’s (FTC) case that Meta Platforms, the company behind Instagram and Facebook, engaged in illegal, anticompetitive behavior in the social media industry.“Meta holds no monopoly in the relevant market,” U.S. District Judge James Boasberg said in an opinion on Nov. 18. “Judgment must therefore be entered in its favor.”

spot_imgspot_imgspot_img

Share post:

More like this
Related

How Major US Stock Indexes Fared June 15

Stock markets rallied worldwide, and oil prices eased after...

Microsoft Faces Shareholder Lawsuit Over AI Disclosure

Microsoft offices in Mountain View, Calif., on July 31,...

US Private Credit Default Rate Remains at Record High: Fitch

Signage is seen outside the Blackstone Group headquarters in...

Beijing-Linked Hackers Targeted US, Canadian Research Institutions for Over a Year: Google

In this photo illustration, a hacker types on a...