Overview

• Kevin Systrom testified that Instagram was rapidly growing before its 2012 acquisition by Meta and could have succeeded without the deal.
• Systrom alleged that Mark Zuckerberg saw Instagram as a competitive threat to Facebook and deliberately limited its resources post-acquisition.
• The FTC presented internal emails and memos showing Zuckerberg’s concerns that Instagram’s growth was cannibalizing Facebook’s user base.
• Meta’s lawyers countered that the acquisition provided critical infrastructure and resources that fueled Instagram’s long-term success.
• The FTC seeks to unwind Meta’s acquisitions of Instagram and WhatsApp, arguing they were anticompetitive and harmed market competition.