TLDR · MISCELLANEOUS

THE FTC'S META ANTITRUST IMPLOSION

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Summary from the TLDR newsletter

Meta worked to make Instagram and WhatsApp successful by improving their design and increasing their revenue. The company has been forced to evolve in response to competition, increasing smartphone usage, and a massive leap in AI-powered algorithms. To prove that Meta holds a monopoly would require proving that TikTok, YouTube, Reddit, and X aren't real competitors. Meta's enormous profits aren't evidence of monopoly power.