How China's TikTok may have just saved Mark Zuckerberg's Meta from billions of dollar fine and forced selling of WhatsApp and Instagram
A US federal judge dismissed the FTC's antitrust lawsuit against Meta, ruling that the company's acquisitions of Instagram and WhatsApp did not illegally monopolize the social media market. The judge found that Meta faces significant competition from platforms like TikTok and YouTube, rendering its market dominance obsolete. This decision marks a major victory for Meta after a lengthy legal battle.
A US federal judge dismissed the FTC's antitrust lawsuit against Meta, ruling that the company's acquisitions of Instagram and WhatsApp did not illegally monopolize the social media market. The judge found that Meta faces significant competition from platforms like TikTok and YouTube, rendering its market dominance obsolete. This decision marks a major victory for Meta after a lengthy legal battle.
