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Meta monopolization ruling 'profoundly misguided,' Open Markets Institute says

( November 18, 2025, 21:58 GMT | Official Statement) -- MLex Summary: Open Markets Institute policy counsel Tara Pincock said a US court's judgment over the Federal Trade Commission's monopolization suit against Meta is "profoundly misguided," as direct evidence introduced during trial had shown Meta bought Instagram and WhatsApp "precisely to remove potential rivals from the market." The FTC should appeal, and if previous courts reasoned as Boasberg did, "AT&T would still dominate communications in the United States, and with far fewer innovations, higher costs, and enormous control over how we receive and share information in our democracy," Pincock said in a statement.Statement follows below: ...

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