Overview
- Meta CEO Mark Zuckerberg is lobbying the Trump administration to intervene against an anticipated EU antitrust ruling that could require changes to Meta's ad-based revenue model.
- The European Commission is expected to fine Meta over $1 billion for noncompliance with the Digital Markets Act, which aims to limit the dominance of tech giants.
- Meta is urging U.S. trade officials to pressure the EU to soften its demands, including offering users ad-free options on Facebook and Instagram.
- Zuckerberg is also pushing for a settlement in the FTC's antitrust case, which seeks to unwind Meta's acquisitions of Instagram and WhatsApp, with the trial set to begin on April 14, 2025.
- The Trump administration has not yet announced its position on either the EU ruling or the FTC case, though it has asserted greater influence over the FTC in recent months.