FTC Appealing Loss in Antitrust Suit Against Meta

A federal judge ruled last November that the social media giant was not an illegal monopoly.
FTC Appealing Loss in Antitrust Suit Against Meta
Meta Founder and CEO Mark Zuckerberg testifies before the Senate Judiciary Committee in Washington on Jan. 31, 2024. Madalina Vasiliu/The Epoch Times
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The Federal Trade Commission (FTC) plans to appeal a federal court’s decision that Meta does not hold a monopoly, the agency announced on Jan. 20.

“The FTC continues to allege, and robust evidence at trial demonstrated, that for over a decade Meta has illegally maintained a monopoly in personal social networking services through anticompetitive conduct—by buying the significant competitive threats it identified in Instagram and WhatsApp,” the agency said in a statement.
Stacy Robinson
Stacy Robinson
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Stacy Robinson is a politics reporter for the Epoch Times, occasionally covering cultural and human interest stories. Based out of Washington, D.C. he can be reached at [email protected]