📲 US Wraps Up Case in Meta Antitrust Trial Over Instagram and WhatsApp Takeovers
#news #Insta
The U.S. government has wrapped up its antitrust case against Meta, arguing that its acquisitions of Instagram and WhatsApp were meant to eliminate competition. The FTC claims Meta’s dominance in social connectivity gives it an unfair edge, while Meta argues it competes with platforms like TikTok and YouTube.
Key witnesses included Mark Zuckerberg and Instagram co-founder Kevin Systrom, who supported the claim of anti-competitive intent. Meta has now started its defense, saying the FTC hasn’t met the legal standard to prove its case.
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