Judge sides with Meta in antitrust trial, will not spin off WhatsApp and Instagram

Facebook employee take a photo in front of new Meta Platforms Inc. sign outside the company headquarters in Menlo Park, Calif., Thursday, Oct. 28, 2021. Tony Avelar/AP

Tony Avelar/AP

A federal judge on Tuesday handed Meta a victory, ruling against the Federal Trade Commission (FTC) in an antitrust suit that claimed the social media giant stifled competition and bolstered a monopoly by buying upstart rivals.

The FTC sued Meta five years ago alleging anti-competitive behavior in what has amounted to the biggest legal challenge yet to one of the world’s most

Related News

CNN economic analyst breaks down the ‘Wall Street versus Main Street divide’ | CNN Business

Police identify victim in deadly shooting after graduation ceremony in Fairfield

Elon Musk is poised to become the first trillionaire. Just how much money is $1 trillion?

The Moons of Uranus May Hold the Key to Finding Missing Planets

4 AI Prompts That Tripled a One-Person Business’s Revenue in 12 Months (No Team, No Funding, No Guessing)

The US Has a Plan to Combat Screwworm. It Involves a Lot More Flies