Sources detail how Meta's $17.1B settlement with state AGs came together as Meta wanted to avoid going to trial following losses in cases in LA and New Mexico (New York Times)

Meta agreed to a $17.1 billion settlement with a coalition of state attorneys general, resolving antitrust claims that the company leveraged its dominance to stifle competition. The deal was reached after Meta suffered defeats in separate lawsuits in Los Angeles and New Mexico and sought to avoid a costly trial.