Meta accused in US of monopolizing market for shopping through social media
( September 26, 2025, 22:31 GMT | Official Statement) -- MLex Summary: Meta Platforms has exploited its social networking dominance to crush innovative competition in the separate market for applications enabling tag-based shopping through social media content through systematic exclusionary conduct that eliminated consumer choice and stifled technological progress, according to a US complaint. The complaint claims that Meta deliberately stole Ollywan Limited’s business plan and tied its monopoly in the market for social networks to foreclose competitive alternative products in the market for tag-based shopping.See attached file. ...
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