Meta Secures Major Legal Victory in Antitrust Case
In a landmark ruling, a federal judge has determined that Meta does not hold a monopoly in social media, allowing the company to maintain its ownership of Instagram and WhatsApp. The court ruled in favor of Meta in an antitrust case brought by the FTC, clearing the way for the social media giant to continue its operations without the threat of being forced to divest its key platforms. This decision is seen as a significant victory for Meta and could have implications for how other tech companies navigate antitrust regulations moving forward. Analysts believe that this ruling might open avenues for further acquisitions in the tech sector, indicating a potential shift in the competitive landscape.
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