Current Date 17 Apr, 2025

Zuckerberg defends Instagram and WhatsApp acquisitions in FTC antitrust trial.

Mark Zuckerberg testified in the FTC's antitrust case against Meta, defending the acquisitions of Instagram and WhatsApp. The FTC argues these acquisitions stifled competition, while Zuckerberg claims they fostered innovation. The trial's outcome could force Meta to divest these platforms, significantly impacting its advertising revenue.