Meta Faces Renewed Regulatory Scrutiny as FTC Appeals Antitrust Ruling
Meta Platforms Inc. (NASDAQ: META) shares dipped slightly on Tuesday after the Federal Trade Commission announced plans to appeal a U.S. District Court ruling that dismissed its antitrust case against the social media giant. The FTC's lawsuit alleges Meta maintained monopoly power through acquisitions like Instagram and WhatsApp, claims Judge James Boasberg rejected in November for failing to demonstrate illegal monopoly status.
Regulators argue the court underestimated Meta's market dominance by including competitors like TikTok and YouTube in its assessment. This appeal reintroduces uncertainty for investors, as prolonged litigation could reshape acquisition strategies across the tech sector. The case highlights growing regulatory pressure on Big Tech's expansion tactics.
