"Meta's long-running defense against the FTC's attempt to force it to sell off Instagram and WhatsApp has come to an end, with a federal judge ruling that the company did not illegally stifle competition by buying the two competing apps. The case has been going on since 2020, when the FTC initially launched its legal action against Meta , which alleged that the company had illegally maintained its social networking monopoly "through a years-long course of anticompetitive conduct"."
"which alleged that the company had illegally maintained its social networking monopoly "through a years-long course of anticompetitive conduct"."
A federal judge ruled that Meta did not illegally stifle competition by acquiring Instagram and WhatsApp, concluding Meta's long-running defense against the FTC's attempt to force divestiture. The FTC originally launched legal action in 2020 alleging that Meta had illegally maintained its social networking monopoly through a years-long course of anticompetitive conduct. The litigation centered on whether the acquisitions were anticompetitive and whether divestiture of Instagram and WhatsApp was an appropriate remedy. The ruling leaves Meta's ownership of both apps intact and resolves the central claim in the multi-year antitrust challenge.
Read at Social Media Today
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