Overview
- Kevin Systrom testified that Instagram was experiencing rapid growth before its acquisition and could have succeeded independently without Meta's support.
- Systrom alleged that Mark Zuckerberg viewed Instagram as a competitive threat to Facebook and intentionally underinvested in the app post-acquisition.
- The FTC presented evidence, including internal emails, to support claims that Meta's acquisitions of Instagram and WhatsApp were aimed at neutralizing competition.
- Meta argued that its investments in infrastructure and features like Stories and live video were critical to Instagram's success and growth.
- The trial, now in its second week, continues to examine high-profile testimonies and internal documents as the FTC seeks to force the divestiture of Instagram and WhatsApp.