Meta does not hold social media monopoly, judge rules
Maria Simulescu
A federal judge ruled in favor of Meta Platforms on Tuesday, saying the company does not hold an illegal social media monopoly given TikTok's rise in popularity, handing Big Tech its first decisive win against the antitrust crackdown launched in President Donald Trump's first term.The ruling is a major setback for the US Federal Trade Commission, which is pursuing a separate antitrust case against Amazon. The agency sought to force Meta to restructure or sell Instagram and WhatsApp in order to
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