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FTC Advances Monopoly Case Against Meta After Key Testimony

Mark Zuckerberg's emails and testimony play a central role as the trial enters its next phase on market definitions and monopoly power.

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Overview

  • The FTC's antitrust trial against Meta focuses on whether its acquisitions of Instagram and WhatsApp suppressed competition and established monopoly power.
  • Mark Zuckerberg testified for around 10 hours, with the FTC presenting emails where he described Instagram as a competitive threat neutralized by acquisition.
  • Former COO Sheryl Sandberg was questioned about internal communications acknowledging competition from Google+ in 2011.
  • Meta argues it faces significant competition from platforms like TikTok and YouTube, challenging the FTC's narrow market definition of 'personal social networking services.'
  • The trial now moves into expert testimony to assess whether Meta holds monopoly power in the defined market, with potential divestiture of Instagram and WhatsApp at stake.