CosmicTaco

Zuckerberg Defends Meta in Landmark Antitrust Trial

CosmicTaco · 2025-04-15T11:29:51.807611+05:30

- On Monday, Meta CEO Mark Zuckerberg testified in a Washington, D.C., courtroom, defending the company's acquisitions of Instagram and WhatsApp. - The FTC argues that Meta's acquisitions created a social media monopoly, while Meta counters that these platforms flourished under its stewardship. - Zuckerberg emphasized that Meta's purchase of Instagram was driven by its camera technology, not its social network. - The trial, expected to last several weeks, will include testimonies from former Meta executives and Instagram's co-founder. - Meta's spokesperson dismissed the FTC's claims, highlighting competition from TikTok, YouTube, and other platforms. Source: [Benzinga](https://www.benzinga.com/25/04/44805013/mark-zuckerberg-takes-the-stand-as-landmark-antitrust-trial-threatens-to-break-up-metas-137-trillion-empire-trial), [Cnn](https://www.cnn.com/2025/04/14/business/video/khan-former-ftc-zuckerberg-meta-antitrust-monopoly-digvid), [The Bbc](https://www.bbc.com/news/articles/c4g2z80e2kjo)

On Monday, Meta CEO Mark Zuckerberg testified in a Washington, D.C., courtroom, defending the company's acquisitions of Instagram and WhatsApp.
The FTC argues that Meta's acquisitions created a social media monopoly, while Meta counters that these platforms flourished under its stewardship.
Zuckerberg emphasized that Meta's purchase of Instagram was driven by its camera technology, not its social network.
The trial, expected to last several weeks, will include testimonies from former Meta executives and Instagram's co-founder.
Meta's spokesperson dismissed the FTC's claims, highlighting competition from TikTok, YouTube, and other platforms.

Source: Benzinga, Cnn, The Bbc