Meta Fends Off Legal Salvo Claiming It “Buys or Buries” Companies

📆 4/27/2023 6:40 PM
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An appeals court sided with the social media giant that the suit from 48 states was brought too late.

In a unanimous decision affirming dismissal, a panel of the U.S. Court of Appeals for the District of Columbia Circuit found on Thursday that the state attorneys general waited too long to sue. “The States’ lawsuit is not only odd, but old,” wrote the three-judge panel.

Meta still faces an identical suit from the Federal Trade Commission, though that case now faces a steeper climb due to parts of the ruling undermining the agency’s position that Meta can be broken up years after it consummated deals that are being challenged.

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