Meta is accused by Federal Trade Commission of abusing its market power to acquire Instagram, WhatsApp before they could become competitors.
Meta Platforms chief and co-founder Mark Zuckerberg took the stand on Monday in a landmark US antitrust trial in which his social media juggernaut stands accused of abusing its market power to acquire Instagram and WhatsApp before they could become competitors.
The start of the trial in a Washington federal court dashed the hopes of Zuckerberg that the return of Donald Trump to the White House would see the government let up on the enforcement of antitrust law against Big Tech.
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USA — Financial Meta chief Mark Zuckerberg testifies at landmark US antitrust trial