Meta Loses Bid to Push FTC Into Court on Privacy Deal (1)

The US Federal Trade Commission can move forward with revisions to Meta Platforms Inc.’s 2020 privacy settlement after a judge denied the social network’s bid to force the agency into court.

US District Judge Timothy Kelly in Washington ruled Monday that the federal court didn’t have jurisdiction over the FTC settlement with the parent company of Facebook and Instagram.

Meta shares fell as much as 1.2% to $334.35 on the news. The company said it was considering legal options and opposes the FTC’s efforts to amend the deal.

“Today’s decision does not address the substance of the FTC’s allegations, ...