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Home Market Research Business

Meta Scores Big Court Win Vs FTC. But Meta Stock Still Slumping.

by TheAdviserMagazine
7 months ago
in Business
Reading Time: 1 min read
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Meta Scores Big Court Win Vs FTC. But Meta Stock Still Slumping.
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Meta Platforms (META) scored a big legal victory Tuesday after a federal judge ruled that the Facebook parent company’s acquisition of Instagram and WhatsApp did not violate federal antitrust laws. Meta stock got a boost from the news, but remained in the red. U.S. District Judge James Boasberg found that the Federal Trade Commission failed to prove Meta has monopolized…



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