


Zuckerberg Testifies in Landmark FTC Antitrust Trial Against Meta
Mark Zuckerberg defends Meta against FTC claims of unfair monopolization through acquisitions of Instagram and WhatsApp in an ongoing antitrust trial.
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Overview
Meta CEO Mark Zuckerberg took the witness stand in a landmark antitrust trial initiated by the FTC, which alleges that Meta created a monopoly by acquiring Instagram and WhatsApp. The trial, which may last up to eight weeks, focuses on whether these acquisitions suppressed competition. FTC attorney Daniel Matheson emphasized internal emails revealing Zuckerberg's concerns about competition, while Meta’s defense argues the acquisitions enhanced the consumer experience. The case could compel Meta to divest Instagram or WhatsApp, significantly impacting its revenue. As the trial unfolds, the outcome may set important precedents for regulating Big Tech.
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FAQ
The core accusation against Meta is that it acquired Instagram and WhatsApp to reduce competition and maintain its dominance in the social media market.
Yes, if the Federal Trade Commission (FTC) wins the case, it could lead to Meta being compelled to divest Instagram and WhatsApp.
The trial is expected to last between seven to eight weeks.
Mark Zuckerberg and former COO Sheryl Sandberg are expected to testify during the trial.
The divestiture could significantly impact Meta's operations and ad revenue, as both Instagram and WhatsApp have over 2 billion users.
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