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    Home»Trending News»Meta chief Zuckerberg testifies at landmark US antitrust trial
    Trending News

    Meta chief Zuckerberg testifies at landmark US antitrust trial

    Team_Prime US NewsBy Team_Prime US NewsApril 15, 2025No Comments1 Min Read
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    The FTC argues that Meta’s US$19 billion WhatsApp acquisition in 2014 adopted the identical sample, with Zuckerberg fearing the messaging app may both remodel right into a social community or be bought by a competitor.

    Meta’s protection attorneys counter that substantial investments remodeled these acquisitions into the blockbusters they’re as we speak.

    In addition they spotlight that Meta’s apps are free for customers and face fierce competitors.

    The FTC argues that Meta’s monopoly energy is demonstrated by a severely downgraded person expertise – with too many adverts and product adjustments.

    A key courtroom battleground will likely be how the FTC defines Meta’s market.

    The US authorities argues that Fb and Instagram are dominant gamers in apps that present a technique to join with household and mates, a class that doesn’t embody TikTok and YouTube.

    However Meta disagrees.

    “The proof at trial will present what each 17-year-old on the planet is aware of: Instagram, Fb and WhatsApp compete with Chinese language-owned TikTok, YouTube, X, iMessage and plenty of others,” a spokesperson stated.

    “The larger that Meta could make the related market … the extra possible it’s to defeat the FTC’s case,” stated lawyer Brendan Benedict on Substack.



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