On Tuesday, a federal court ruled that Meta’s acquisition of Instagram and WhatsApp, when they were nascent companies, did not constitute an illegal monopoly. The judge’s decision stems from a legal challenge alleging Meta engaged in anticompetitive practices. The court found that Meta’s actions were within the bounds of existing antitrust regulations. This ruling opens the possibility for Meta to continue pursuing strategic acquisitions and partnerships across its platforms, potentially expanding its market position. The legal determination does not immediately alter Meta’s overall business strategy, but it suggests a strengthened regulatory environment for the company.
Credits: NYT > Top Stories
