Facebook’s Market Value Tops $1 Trillion as Judge Dismisses Antitrust Lawsuits - a podcast by time.com

from 2021-06-29T09:17:35

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Facebook Inc. won a court ruling dismissing two monopoly lawsuits filed by the U.S. government and a coalition of states that sought to break up the company, dealing a blow to the effort of antitrust officials to take on the biggest tech platforms.

The decision by U.S. District Judge James Boasberg in Washington on Monday sent Facebook shares soaring, pushing the company’s market value to more than $1 trillion.


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