Mark Zuckerberg defends WhatsApp, Instagram deals as FTC calls out Meta for ‘killer acquisitions’ — What did he say?

Mark Zuckerberg testified in a Federal Trade Commission antitrust trial and defended Meta’s acquisitions of Instagram and WhatsApp against monopoly claims. He argued that Meta competes with various social media platforms and emphasised the company’s focus on connecting users with friends and family while also learning about the world, according to a report by Bloomberg.

FTC highlighted Zuckerberg’s emails from 2011 to 2012, in which he referred to competition from Instagram.

Read more

You may also like

Comments are closed.

More in IT