Meta’s acquisition of instagram and whatsapp did not create an illegal social media monopoly, a federal judge ruled, a decision that solidifies the future of the $1.5 trillion tech giant A federal judge rules the ftc failed to prove meta monopolized social media through its purchases of instagram and whatsapp. Meta’s acquisitions of instagram and whatsapp did not illegally stifle competition in social networking, a judge found, a major win for the tech giant. Meta’s acquisitions of instagram and whatsapp, both completed over a decade ago, did not illegally disadvantage competitors, a federal judge ruled on tuesday. Federal judge on tuesday ruled meta did not break antitrust laws by illegally stifling competition through its purchases of instagram and whatsapp, a defining win for the tech giant as it seeks to expand its dominance in the ai era.
WATCH