Thursday, 12 March, 2026
Zuckerberg Defends Meta in Landmark Antitrust Trial Over Instagram and WhatsApp Acquisitions
By Isha
Meta CEO Mark Zuckerberg testified in a pivotal antitrust trial initiated by the U.S. Federal Trade Commission (FTC), which alleges that Meta's acquisitions of Instagram and WhatsApp were strategic moves to suppress competition and establish a monopoly in social networking. Presented with internal communications suggesting a "buy-or-bury" strategy, Zuckerberg contended that these were preliminary thoughts and emphasized significant investments made post-acquisition.
Read full story at Economic Times