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Court rules Meta purchases of Instagram and WhatsApp did not stifle competition

9 points| jmsflknr | 3 months ago |reuters.com

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beckford|3 months ago

Since the link is paywalled, the TLDR paragraph is:

> Boasberg said in the ruling that the FTC had incorrectly excluded YouTube and TikTok from the market where it challenged Meta's dominance. "Even if YouTube is out, including TikTok alone defeats the FTC’s case," the judge said.

I agree. Meta does not have a monopoly since they compete with TikTok.