Meta Platforms Inc. ($META) scored a legal win as a federal judge ruled in their favor, stating that the acquisitions of Instagram and WhatsApp do not violate U.S. antitrust laws. The ruling dealt a blow to the FTC’s attempts to unwind the deals. The lawsuit, filed in 2020, sought to force Meta to divest the platforms. Meta’s lobbying spending for 2025 is projected to exceed $25 million, with over $5 million spent in Q3 alone. The company also contributed to the Trump Ballroom fundraising initiative, raising over $300 million. For more details on Meta’s lobbying activities, visit their lobbying page.

Read more at Quiver Quantitative: Meta Wins Major Antitrust Case as Judge Rejects FTC Challenge to Instagram, WhatsApp Deals