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Pymnts

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Judge Denies Meta Motion to Dismiss FTC Antitrust Lawsuit

  • A judge ruled that the FTC lawsuit against Meta will go to trial, largely denying Meta's motion to dismiss the case.
  • The FTC filed the suit in 2020, alleging that Meta's acquisitions of Instagram and WhatsApp were illegal efforts to maintain a monopoly.
  • The judge dismissed the allegation that Facebook restricted third-party app developers' access to remain dominant in the market.
  • No date has been set for the trial.

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