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Meta Dodges U.S. Breakup as Spain Court Orders €479 Million Payout

The twin decisions underscore how U.S. antitrust hurdles differ from EU privacy‑driven remedies.

Overview

  • U.S. District Judge James Boasberg ruled the FTC failed to prove Meta currently holds a social‑media monopoly, rejecting a forced divestiture of Instagram and WhatsApp.
  • A transformed competitive landscape, including TikTok and YouTube, was central to the judge’s finding that Meta lacks monopoly power in the relevant market.
  • The FTC’s case, first filed in December 2020 and later expanded with market‑share data, could continue through appeals that may take years.
  • In a separate ruling in Madrid, a commercial court ordered Meta to pay €479 million plus more than €60 million in statutory interest to 87 Spanish online publishers and agencies for GDPR‑related unfair advertising advantages.
  • The Spanish court said Meta earned nearly €5.3 billion from online ads in Spain during the infringement period; Meta disputes the claims and plans to appeal, while similar actions are pending in France and from Spanish broadcasters.