Meta vs FTC: Zuckerberg defends acquisitions in high-stakes monopoly trial

Meta CEO Mark Zuckerberg defended his company’s acquisition strategy while appearing in court as the first witness in a high-profile antitrust trial that could dramatically reshape the future of the $1.4 trillion tech giant.

The US Federal Trade Commission (FTC) has charged Meta with maintaining an illegal monopoly in the social media space by acquiring rivals Instagram and WhatsApp to stifle emerging competition.