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Wall Street Feared a $200 Billion Bill for Meta. It Settled for $12.6 Billion

Source: 247wallst.com

Legal & LitigationRegulation & LegislationAntitrust & Competition
Wall Street Feared a $200 Billion Bill for Meta. It Settled for $12.6 Billion

Forty-nine state attorneys general spent years pursuing legal action that some viewed as an existential threat to Meta, and the final number drew surprise from both sides of the debate. While the article doesn’t specify a ruling or financial outcome, the broad coalition increases perceived regulatory/legal overhang for Meta and is likely to keep investors cautious.

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