A federal appeals court on Thursday upheld a decision to dismiss an antitrust lawsuit filed by the state attorney’s general of New York and other states...
A federal appeals court on Thursday upheld a decision to dismiss an antitrust lawsuit filed by the state attorney’s general of New York and other states challenging Meta Platforms Inc.’s META acquisitions of Instagram and WhatsApp years earlier. “The states were on notice of Facebook’s two major acquisitions. Both were publicized,” a three-judge panel on the U.S. Court of Appeals for the District of Columbia Circuit wrote Thursday.
“The states were on notice of Facebook’s two major acquisitions. Both were publicized,” a three-judge panel on the U.S. Court of Appeals for the District of Columbia Circuit wrote Thursday. We “agree with the district court that the States unduly delayed in bringing suit.” A Meta spokesperson issued an email statement that said: “As the Court of Appeals rightly recognized, this case fundamentally mischaracterized the vibrant competitive ecosystem in which we operate.
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