Meta Did Not Violate the Law When It Bought Instagram and WhatsApp, a Judge Rules

• A federal judge ruled in favor of Meta, stating that the company's acquisitions of Instagram and WhatsApp did not breach antitrust laws, dismissing the FTC's claims. This ruling is crucial as it allows Meta to maintain its ownership of these popular social media platforms, which are integral to its business model.
• The decision is significant for Meta, as it prevents potential divestiture of Instagram and WhatsApp, which could have severely impacted its market position and revenue streams. Maintaining these platforms is vital for Meta's ongoing strategy in the competitive tech landscape.
• This ruling reflects broader discussions around antitrust regulations in the tech industry, highlighting the ongoing scrutiny of large tech companies and their market practices. The outcome may influence future regulatory approaches and legal battles concerning acquisitions and market dominance in the digital space.

— via World Pulse Now AI Editorial System