Summary

  • Meta has moved for judgment in its antitrust case, arguing that the FTC failed to provide evidence that the company unlawfully monopolised parts of the social media market through its purchases of Instagram and WhatsApp.
  • The motion was submitted after the FTC concluded its case before DC District Court Judge James Boasberg and stated that the regulatory had failed to meet the required legal standards.
  • Judge Boasberg will now consider the case ahead of a ruling, although the trial is still scheduled to continue with Meta’s defence.
  • Meta has taken aim at the FTC’s definition of the “personal social networking services” marketplace, arguing that the regulatory body had not demonstrated that it had reduced service quality, nor bought Instagram to stifle potential rivals.
  • It also stressed that competing social media apps such as TikTok were not considered as full competitors by the FTC.

By Adi Robertson

Original Article