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Home»Trending News»Meta chief Zuckerberg testifies at landmark US antitrust trial
Trending News

Meta chief Zuckerberg testifies at landmark US antitrust trial

DaneBy DaneApril 15, 2025No Comments1 Min Read
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Meta chief Zuckerberg testifies at landmark US antitrust trial
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The FTC argues that Meta’s US$19 billion WhatsApp acquisition in 2014 adopted the identical sample, with Zuckerberg fearing the messaging app might both rework right into a social community or be bought by a competitor.

Meta’s protection attorneys counter that substantial investments remodeled these acquisitions into the blockbusters they’re at this time.

Additionally they spotlight that Meta’s apps are free for customers and face fierce competitors.

The FTC argues that Meta’s monopoly energy is demonstrated by a severely downgraded person expertise – with too many advertisements and product modifications.

A key courtroom battleground will probably be how the FTC defines Meta’s market.

The US authorities argues that Fb and Instagram are dominant gamers in apps that present a solution to join with household and buddies, a class that doesn’t embrace TikTok and YouTube.

However Meta disagrees.

“The proof at trial will present what each 17-year-old on the earth is aware of: Instagram, Fb and WhatsApp compete with Chinese language-owned TikTok, YouTube, X, iMessage and plenty of others,” a spokesperson mentioned.

“The larger that Meta could make the related market … the extra doubtless it’s to defeat the FTC’s case,” mentioned lawyer Brendan Benedict on Substack.

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