Meta Platforms Wins Pivotal Antitrust Battle

A federal judge ruled in favor of Meta Platforms, determining that its acquisitions of Instagram and WhatsApp were not illegal. This marks a major defeat for the Federal Trade Commission, which aimed to challenge Big Tech's influence. The decision underscores the complexities of antitrust cases against major technology firms.

In a notable judicial decision, Meta Platforms secured a victory as a federal judge deemed its purchases of Instagram and WhatsApp lawful, dismissing claims of illegal competition stifling. This outcome signals a pivotal moment for Big Tech in ongoing antitrust efforts initiated during President Donald Trump's term.

The ruling represents a significant defeat for the U.S. Federal Trade Commission, which had sought to disrupt Meta's dominance by potentially mandating the divestiture of both Instagram and WhatsApp to revitalize competition within the social media sector. Meta defended its acquisition strategy by highlighting competition from TikTok, YouTube, and Apple's messaging services.

The decision by U.S. District Judge James Boasberg comes amidst broader antitrust challenges faced by technology companies, with similar lawsuits being directed against other industry giants like Amazon, Google, and Apple, showcasing the enduring complexities within current antitrust enforcement mechanisms.

(With inputs from agencies.)