Web Analytics
Bangla
Loading date...
RECENT THREADS SOCIAL PAGE LOGIN

Meta has won a landmark antitrust case brought by the U.S. Federal Trade Commission (FTC), which sought to force the company to divest Instagram and WhatsApp. U.S. District Judge James Boasberg ruled that the FTC failed to prove Meta currently holds monopoly power in social networking. The decision contrasts with recent rulings against Google, which was found to have monopolized search and advertising markets. The FTC argued Meta maintained dominance through anticompetitive acquisitions and policies, citing CEO Mark Zuckerberg’s 2008 remark that it was 'better to buy than compete.' However, the court found that the social media landscape has evolved significantly since the FTC filed its 2020 lawsuit, with TikTok emerging as a major rival. Meta welcomed the ruling, saying it reflects the intense competition it faces. Analysts noted that while the verdict is a major victory, Meta still faces upcoming regulatory challenges, including trials over social media’s impact on children’s mental health.

Card image

Related Memes

logo
No data found yet!

The ‘1 Nojor’ media platform is now live in beta, inviting users to explore and provide feedback as we continue to refine the experience.