Meta’s Antitrust Trial: Zuckerberg Testifies
Mark Zuckerberg, CEO of Meta, testified in a significant antitrust trial initiated by the FTC in 2020, defending against claims of monopolistic practices following the acquisitions of Instagram and WhatsApp. The FTC argues that these purchases were made to eliminate competition, while Meta contends they improved user experience and growth. The trial, lasting two months, began with Zuckerberg addressing his past emails about Instagram’s growth, asserting his focus was on its technology rather than its social network capabilities.
