A US court ruled Meta faces sufficient competition from rivals TikTok and YouTube to prevent the company from exercising monopoly power in the social media Justin TALLIS

A US judge dismissed the federal government's antitrust lawsuit against Meta on Tuesday, ruling that the tech giant's acquisition of Instagram and Whatsapp did not constitute an illegal monopoly in social media.

The ruling delivered a major victory to Meta after a five-year battle that began when the US agency filed suit

Judge James Boasberg of the federal district court in Washington con

The FTC had argued that Facebook, Instagram, Snapchat and minor player MeWe competed in a distinct market of connecting friends and family that was separate from video entertainment platforms like TikTok and YouTube.

The US govern

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