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Facebook parent company Meta defeated a U.S. attempt to unwind its acquisitions of Instagram and WhatsApp on Tuesday when a federal judge ruled the company does not hold a social media monopoly.
The ruling gives Big Tech its first decisive win against the antitrust crackdown started in President Donald Trump’s first term, and is a major setback for the U.S. Federal Trade Commission, which is pursuing a separate antitrust case against Amazon.com. The agency sought to force Meta to…
