Zuckerberg Defends Meta’s Acquisitions Of Instagram And WhatsApp

Mark Zuckerberg testified in a landmark antitrust trial to defend Meta against allegations of running a social media monopoly, according to the BBC. The FTC’s case accuses Meta of monopolizing the market through its acquisitions of Instagram and WhatsApp. The FTC aims to break up Meta by spinning off Instagram or WhatsApp, while Meta argues it faces strong competition from TikTok, X, and YouTube. The FTC cited emails from Zuckerberg expressing concern about Instagram’s rapid growth and Meta’s competitive lag. Zuckerberg defended his statements on the stand and said those were early discussions.