The Federal Trade Commission said Tuesday it volition entreaty the November ruling successful favour of Meta successful its antitrust lawsuit against the societal media giant.
The FTC said it continues to allege that, for much than a decade, Meta Platforms Inc. has “illegally maintained a monopoly” successful societal networking done anticompetitive behaviour "by buying the important competitory threats it identified successful Instagram and WhatsApp.”
Meta had prevailed implicit the existential situation to its concern that could person forced the tech elephantine to rotation disconnected Instagram and WhatsApp aft a justice ruled that the institution does not clasp a monopoly successful societal networking.
U.S. District Judge James Boasberg issued his ruling connected Nov. 18 aft the historical antitrust proceedings wrapped up successful precocious May. His determination runs successful crisp opposition to 2 abstracted rulings that branded Google an amerciable monopoly successful some hunt and online advertising, dealing regulatory blows to the tech manufacture that for years enjoyed astir unbridled growth.
A typical for Meta did not instantly respond to a connection for remark Tuesday.
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