A US district judge on Tuesday ruled against the Federal Trade Commission (FTC) in its antitrust lawsuit against social media giant Meta (META).
In his ruling, Judge James Boasberg said the FTC failed to prove that Meta purchased Instagram and WhatsApp with the goal of eliminating them as competitors in the social media market.
The FTC was seeking to force Meta to divest itself of both Instagram and WhatsApp, despite the commission originally approving their purchases in 2012 and 2014, respectively.
Boasberg said government lawyers insufficiently argued that Facebook, Instagram, and Snapcha