Meta defeats Instagram shopping monopoly lawsuit for now

Meta Platforms persuaded a US federal judge to dismiss a lawsuit that accused the company of illegally monopolizing shopping on Instagram by stealing the business plan of a now-defunct startup.

Here ​are the details:

US Magistrate Judge Virginia DeMarchi in San Jose, California, on Friday dismissed claims brought by London-based Ollywan, which had alleged last year that Meta copied its concept for a “tag-based” shopping platform before launching Instagram Shopping ‌in 2016.