The tech world just exploded. Meta — after years of being dragged through accusations of smothering competition — has officially WON the antitrust case over its acquisitions of Instagram and WhatsApp. And the ruling? Absolutely brutal for the FTC.
The FTC had been shouting from the rooftops:
“Meta is killing competition!”
“They bought Instagram for $1B and WhatsApp for $19B to crush rivals!”
But the court?
“Show us the proof.”
Judge James Boasberg didn’t mince words: “Whether Meta was a monopoly in the past or not, the FTC failed to prove it holds monopoly power today.”
Translation: Case dismissed. Meta is NOT a monopoly.
In one move, the court:
— Shut down FTC’s claims
— Cleared Meta of monopolistic behavior
— Set a precedent that could shake future tech-regulation battles
This ruling is a seismic shift in the tech landscape. Meta celebrates, the FTC takes a heavy loss, and the entire antitrust conversation gets flipped upside down.