FTC says it will appeal Meta antitrust decision

Core Viewpoint - The FTC plans to appeal a recent court ruling that favored Meta, which stated that Meta does not hold a monopoly in social networking, contrasting with other rulings against Google [1][2][3] Group 1: Court Ruling and Implications - U.S. District Judge James Boasberg ruled on November 18 that Meta does not maintain a monopoly in social networking, which could have led to the forced divestiture of Instagram and WhatsApp [2][3] - The ruling is significant as it contrasts with previous decisions that labeled Google as an illegal monopoly in search and online advertising, indicating a shift in regulatory scrutiny within the tech industry [2] Group 2: Meta's Response and Future Focus - Meta stated that the court's decision correctly rejects the FTC's arguments and acknowledges the intense competition in the market [3] - The company emphasized its commitment to innovation and investment in America following the favorable ruling [3] Group 3: FTC's Position - The FTC continues to allege that Meta has illegally maintained a monopoly through anticompetitive practices, specifically by acquiring significant competitive threats like Instagram and WhatsApp [1][3]