Meta Does Not Hold Monopoly, Judge Rules

Core Viewpoint - A federal judge ruled that Meta does not hold a monopoly over social networking after acquiring Instagram and WhatsApp, concluding a lengthy case initiated by the Federal Trade Commission [1] Group 1: Legal Proceedings - The Federal Trade Commission (FTC) filed a lawsuit against Meta in 2020, accusing the company of maintaining a monopoly in the social media space [1] - The case was part of a broader series of lawsuits targeting major technology companies [1] Group 2: Acquisitions - Meta purchased Instagram in 2012 and WhatsApp in 2014, which were central to the FTC's allegations of monopolistic behavior [1]