Meta Must Face Rival Startup’s Antitrust Lawsuit After Appeal

Meta Platforms Inc. will face antitrust claims alleging it forced a social media photo-video startup out of business, after the Second Circuit reversed a lower court ruling that dismissed the case.

A US Court of Appeals for the Second Circuit panel in a Tuesday ruling vacated a district court decision that held the defunct social media app Phhhoto waited too long to sue Meta under the Sherman Act’s four-year statute of limitations.

After conducting its own independent review of the allegations in Phhhoto’s amended complaint, the court said the company could pause the limitations in the Sherman Act “such that ...