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Meta's Antitrust Trial Highlights Zuckerberg's 'Buy or Bury' Strategy

The FTC seeks to break up Meta, citing emails and acquisitions as evidence of monopolistic practices in the social networking market.

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Overview

  • Mark Zuckerberg's private emails, presented in court, revealed his concerns about Instagram and WhatsApp as competitive threats before their acquisitions.
  • The FTC is arguing that Meta's acquisitions of Instagram and WhatsApp were part of a strategy to neutralize rivals and dominate the personal social networking market.
  • Meta disputes the FTC's narrow market definition, claiming competition from platforms like TikTok and YouTube undermines claims of monopoly power.
  • A procedural error by Meta's legal team exposed sensitive competitor information during the trial, drawing criticism from rival companies.
  • Expert testimony on market definition and monopoly power is expected to play a critical role in the trial's outcome in the coming weeks.