8legs: Federal trade commission

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Cnbc.com and 13 more

Judge rules Meta can keep WhatsApp, Instagram in antitrust trial, saying the social media giant has not maintained a monopoly in social networking.
The ruling shows competitive pressures around Instagram and WhatsApp, suggesting ongoing market dynamics beyond a single product.
Rivals like TikTok illustrate a dynamic marketplace, underscoring that Meta faces real competition rather than a closed monopoly.

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#2 out of 43.4K est. views

crime1d ago

Summer Heather Worden pleaded guilty to making false statements to federal investigators and the NASA Office of Inspector General.
The accusations involved Anne McClain allegedly accessing Worden's bank account from the International Space Station.
Worden’s 2020 charges included fraud related to a Spicewood, Texas land deal.
McClain said there was no truth to the claims about bank account access and called the situation painful and public.
Worden faces sentencing in February 2026 and could receive up to five years in prison and $250,000 in fines.
The case raised questions about jurisdiction over crimes committed in space.
The spacewalk McClain was scheduled for in 2019 ultimately occurred in October that year.
Worden's claims about the bank access were part of a broader custody dispute.
Prosecutors dropped all other charges in exchange for Worden's guilty plea to false statements.

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A federal judge ruled Meta did not form a monopoly through its Instagram and WhatsApp acquisitions.
The ruling means Meta will not be forced to divest Instagram and WhatsApp.
Judge James Boasberg emphasized competition from rivals like TikTok and YouTube.
The FTC argued Meta’s acquisitions were part of a ‘buy or bury’ strategy to dominate the market.
The court noted the market definition was contested and that the industry is evolving.
FTC originally filed the case at the end of the Trump administration and continued under Biden.
Meta officials said the decision shows fierce competition and American innovation.
The ruling does not address all possible antitrust concerns but focuses on the monopoly claim.
The decision avoids forced divestitures of Instagram or WhatsApp.
The case began in 2020 and centered on Meta's acquisitions since 2012 and 2014.

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#4 out of 4

A federal judge ruled in Meta's favor in the FTC antitrust challenge over its acquisitions of Instagram and WhatsApp.
Judge James Boasberg found the FTC did not prove Meta held a monopoly in the relevant market.
The decision challenges the FTC's broader antitrust strategy against Meta and other tech giants.
The ruling notes rapid changes in social media, with competitors like YouTube and TikTok evolving alongside Meta.
Meta credited its competitive environment and stated commitment to innovation in a court filing.
The FTC signaled it would review options after the ruling.
The case timeline stretched across multiple years, including motions and a full merits trial.
Meta's leadership testified during the bench trial.
The FTC argued that Meta’s acquisitions were aimed at neutralizing competition.

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