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Meta cleared of monopoly claims as judge highlights competition with TikTok


What you need to know

  • Today (Nov 18), U.S. Judge James Boasberg ruled that Meta has not crossed the monopoly line with its social media apps.
  • The ruling concerned the FTC’s claims that Instagram and WhatsApp were in the wrong; however, it was stated that those apps were being iterated on to better compete with TikTok.
  • It’s because of the ByteDance app TikTok that Judge Boasberg ruled against the FTC’s claims that it was a “entertainment” app, claiming that even a ban case in India saw it, Instagram, and WhatsApp as “similar” social media apps.

In the long-standing court battle between the FTC and Meta’s alleged social media monopoly, a federal judge today (Nov 18) ruled in favor of the latter.

It was reported by Politico that federal judge James Boasberg ruled that Meta was not in violation of holding a social monopoly after acquiring WhatsApp and Instagram. Boasberg states, “The Court ultimately concludes that the agency has not carried its burden: Meta holds no monopoly in the relevant market.” There is one interesting aspect to note about this federal ruling, and that concerns TikTok. Instagram’s head, Adam Mosseri, previously stated that the platform was in “fierce competition” with TikTok to “attract users under 30.”



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