Monday, 25 Nov 2024

Lawsuit aiming to break up Facebook group Meta can go ahead, US court rules

Lawsuit aiming to break up Facebook group Meta can go ahead, US court rules

Lawsuit aiming to break up Facebook group Meta can go ahead, US court rules
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In his ruling denying dismissal, the judge, however, said that the FTC could not press allegations that Facebook blocked competing apps from accessing its platform as a way to maintain its dominance, saying the policies had been abandoned in 2018.

Meta said that it was confident the company would win in court.

Meta shares closed up 1.9% on Tuesday, closing at $334.37 and valuing the company at $930bn (£683bn).

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