US regulator appeals Meta’s court victory

THE US Federal Trade Commission said this week it was appealing a court ruling that dismissed its antitrust case against Meta, insisting the tech giant illegally monopolised social media.

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"Our position has not changed. Meta violated our antitrust laws when it acquired Instagram and WhatsApp," Joe Simonson, the FTC's director of public affairs, told reporters.

"Consequently, American consumers have suffered from that monopoly," he added.

The agency filed a notice of appeal to the DC Circuit Court, beginning a long process that could make its way to the Supreme Court.

In response to the appeal, a Meta spokesperson said the court's decision to dismiss the FTC's arguments was "correct, and recognizes the fierce competition we face".

"We will remain focused on innovating and investing in America," the Meta spokesperson added.