Thursday, 17 April, 2025

Mark Zuckerberg Concludes Testimony in FTC Antitrust Trial Over Instagram and WhatsApp Acquisitions

Meta CEO Mark Zuckerberg concluded his testimony in a federal antitrust trial, defending the acquisitions of Instagram and WhatsApp as strategic investments aimed at enhancing user experience, not eliminating competition. The Federal Trade Commission alleges that Meta's actions were intended to neutralize potential rivals and maintain a monopoly in the social networking market.