Meta Did Not Create Monopoly Through Acquisitions, Judge Rules

Meta did not break the law when it bought nascent rivals Instagram and WhatsApp, a federal judge said, handing a major win to the $1.51 trillion company and dealing a blow to the government’s efforts to rein in the power of tech giants. Judge James E. Boasberg of the U.S. District Court of the District of Columbia said in an 89-page ruling that the company did not create a monopoly in social networking through the acquisitions.