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Meta does not have social media monopoly, judge rules

Source: BBC

A US district judge in Washington has ruled that Facebook-parent Meta Platforms did not violate antitrust laws with its acquisitions of photo-sharing app Instagram and messaging service WhatsApp more than a decade ago.The decision hands a defeat to the Federal Trade Commission, the US antitrust watchdog, which sued Meta in 2020 claiming the company secured a monopoly in social media by purchasing its rivals."The…

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Read the original source at BBC