Overview
- Brian Acton testified that WhatsApp had no intention of developing social networking features, countering FTC claims that Meta acquired it to neutralize competition.
- Acton confirmed WhatsApp could have sustained a subscription-based model if it had remained independent, rather than adopting ad monetization under Meta.
- The FTC alleges Meta's acquisitions of WhatsApp and Instagram created a social networking monopoly, seeking a potential breakup of the platforms.
- Meta argues it faces significant competition from rivals like TikTok and Apple, and that its acquisitions benefited consumers by enhancing WhatsApp and Instagram.
- The court is now deliberating Meta's motion for judgment on the evidence before proceeding with expert testimony on market power and potential remedies.