US EditionLandmark antitrust trial could force Zuckerberg to sell Instagram
- Meta CEO Mark Zuckerberg is testifying in an antitrust trial, where the US Federal Trade Commission accuses Meta of stifling competition by acquiring Instagram and WhatsApp.
- The FTC alleges that Meta's acquisitions eliminated competition, claiming that users lack meaningful alternatives in the personal social networking market.
- If the FTC wins, the court could order Meta to divest Instagram and WhatsApp, significantly impacting their advertising revenue.
- Zuckerberg defended the acquisitions, stating they were about improving user experience, while the FTC argues it was a strategy to dominate the market.
289 Articles
289 Articles
Accused of abuse of dominant position, the American giant might be forced to separate from WhatsApp and Instagram. Brendan Benedict's antitrust lawyer decrypts the stakes of a XXL battle.
The destruction of Zuckerberg's Empire in court: will Donald Trump save the billionaire?: EADaily
EADaily, April 18th, 2025. Mark Zuckerberg testifies in a case that could lead to the collapse of his company. But what is the essence of the complaint of the Federal Trade Commission against Meta*? Will the billionaire be forced to sell WhatsApp and Instagram*? Or maybe Donald Trump will save him?
The remuneration of Javier Oliván, director of operations of Meta, last year amounted to 25.51 million dollars (about 22.4 million euros at the current exchange rate), according to the call of the shareholders’ meeting made public this Thursday by the company. Oliván is the best paid manager of the company that owns Facebook, Instagram and WhatsApp, although the security and private plane expense of Mark Zuckerberg, which only collects a dollar …
Mark Zuckerberg Denies Meta Bought Rivals To Conquer Them
Meta chief executive Mark Zuckerberg on Wednesday denied in court that his company bought rival services Instagram and WhatsApp to neutralize them, as his testimony in a landmark antitrust case came to a close.
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