Meta wins antitrust lawsuit over its acquisitions of WhatsApp and Instagram

A federal judge dealt a blow to the Federal Trade Commission on Tuesday, ruling against the agency in a blockbuster lawsuit against Meta. US District Judge James Boasberg ruled that the FTC failed to prove Meta formed a monopoly through its purchases of Instagram and WhatsApp."The Court ultimately concludes that the agency has not carried its burden: Meta holds no monopoly in the relevant market," Boasberg wrote. "Judgment must therefore be entered in its favor." The FTC's lawsuit, filed in 2020, alleged ...