New York AG’s Meta Antitrust Suit Dismissed by Appeals Court

New York and other state attorneys general waited too long to sue Meta Platforms Inc. over its acquisitions of Instagram and WhatsApp, a federal appeals court ruled, upholding the dismissal of their antitrust suit.

“The states were on notice of Facebook’s two major acquisitions. Both were publicized,” a three-judge panel on the US Court of Appeals for the DC Circuit wrote Thursday. We “agree with the district court that the States unduly delayed in bringing suit.”

Meta said it will continue to vigorously defend itself against a related antitrust lawsuit by the Federal Trade Commission.

“This case fundamentally ...