WASHINGTON (AP) - Meta CEO Mark Zuckerberg sparred Tuesday with a Federal Trade Commission attorney over the meaning of emails the Facebook founder wrote about why he wanted to acquire Instagram, as a historic antitrust trial alleging Meta illegally monopolized the social media market went into its second day.
Meta CEO Zuckerberg spars with FTC lawyer over meaning of emails cited in antitrust trial
WASHINGTON (AP) - Meta CEO Mark Zuckerberg sparred Tuesday with a Federal Trade Commission attorney over the meaning of emails the Facebook founder wrote about why he wanted to acquire Instagram, as a historic antitrust trial alleging Meta illegally monopolized the social media market went into its second day.
Zuckerberg testified on the second day in the trial that could force Meta to break off Instagram and WhatsApp, startups the tech giant bought more than a decade ago which have since grown into social media powerhouses.
Daniel Matheson, who is leading the FTC’s case against Meta, contends that Zuckerberg bought Instagram because he saw it as a threat to his company, not because he thought he could make it thrive.
While questioning Zuckerberg on Tuesday morning, Matheson noted that he had referred to Instagram as being a "rapidly growing, threatening, network."