FTC says it will appeal Meta antitrust loss

3 hours ago 2

The Federal Trade Commission volition entreaty its nonaccomplishment successful a landmark antitrust lawsuit against Meta, the bureau announced Tuesday.

US District Court Judge James Boasberg ruled successful November that the authorities failed to beryllium that Meta had an amerciable monopoly implicit a subset of societal networking services meant for connecting with friends and household online. Boasberg wrote that the authorities had an "uphill battle" successful however it defined the marketplace Meta allegedly dominated, a situation exacerbated by the emergence of TikTok and changes successful the marketplace implicit the 5 years betwixt the FTC filing the lawsuit and it going to trial.

The FTC is asking the US Court of Appea …

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