The Federal Trade Commission wrapped up its case Thursday for breaking up Meta Platforms Inc. as an illegal social-media monopoly, with the company now set to lay out its defense in the ongoing antitrust trial.

Facebook parent company Meta Platforms asked a federal judge on Thursday to throw out the U.S. Federal Trade Commission's case accusing it of an illegal social media monopoly, saying the agency failed to prove its case at a high-stakes antitrust trial.

"The FTC has no proof that Meta has monopoly power," Meta's motion for judgment filed Thursday said, "and therefore the court should rule in favor of Meta." "Meta knows of no case finding monopoly power based solely on a claimed degradation in product quality,