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News  ›  Benzinga

Meta Wins FTC Antitrust Case, Not A Social Media Monopoly

Benzinga Logo Benzinga By Erica Kollmann
Meta Wins FTC Antitrust Case, Not A Social Media Monopoly

A federal judge dismissed the FTC's antitrust lawsuit against Meta, ruling that the company does not maintain an illegal monopoly in social media due to robust market competition from platforms like YouTube and TikTok.

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The company won the antitrust lawsuit, with the court ruling that they do not maintain an illegal monopoly and face significant market competition