Judge rules Meta isn’t a monopoly

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00:00Judge Rules Meta Isn't a Monopoly

00:02A federal judge ruled that Meta has not illegally monopolized social media,

00:08at least not the slice the Federal Trade Commission was targeting.

00:11U.S. District Court Judge James Boesberg essentially told the FTC,

00:15nice try, but the market's changed since 2019.

00:19The case focused on personal social networking, excluding TikTok,

00:24which rapidly evolved from dance video app to Meta's existential threat.

00:28Boesberg said boundaries between social networking and wider social media have collapsed,

00:33with users constantly shifting platforms, making strict categories futile.

00:37When TikTok briefly blinked out during its nearly-there U.S. ban,

00:41users immediately flocked to Instagram and Facebook,

00:44showing the apps compete more closely than the FTC claimed.

00:47That shift, Boesberg argued, undermined the government's claim that Meta still holds monopoly power

00:53over a tiny corner of the market.

00:55Past dominance isn't enough, he said.

00:58The FTC needed to prove Meta is illegally crushing competition now,

01:02not in the pre-TikTok dark ages.

01:05A Meta spokesperson said the ruling recognizes that Meta faces fierce competition,

01:10adding that the company is an engine of American innovation.

01:14The FTC, meanwhile, was decidedly not celebrating.

01:18A spokesperson accused Boesberg, facing unrelated impeachment efforts, of bias,

01:22and said the agency is now reviewing all available options.

01:26This marks the second big antitrust loss for the FTC against Meta,

01:31following its failed attempt to block the company's purchase of VR Fitness Startup Within.

01:36With uneven results in tech monopoly cases,

01:39the government's record is slipping,

01:40while Big Tech continues extending its courtroom winning streak.

01:52will be Battlefield 0.0402.