META Anti-Trust Case: Mark Zuckerberg, head of the META platforms, testified before the Federal Court of the United States on April 16 and argued that the Federal Commission (FTC) claims that its technology company META bought Instagram and WhatApp to reduce the competition.
During the court proceedings, the billionaire was called the first witness in the case of FTC against technical giants. He took questions from lawyer Mark Hansen, who tried to prove that the meta would not hold a monopoly in the social media and faced “harsh global competition”, etc.
The FTC used Mark Zuckerberg for collaborators about Instagram growth to illustrate that the CEO of META was threatened by a company. In his interrogation, Meta’s lawyer Hansen tried to refuse this statement because Mark Zuckerberg told him that conversations were curious in nature because he focused on the invention and understanding of what other people create.
He replied “No” when Hansen asked if his intention to eliminate his opponents by purchasing Instagram and WhatsApp, AFP reported.
META Anti-Trust accusing: What is the case of FTC?
FTC claims that Facebook meta has a monopolized technology that connects friends and family to generate huge profits, despite consumers’ satisfaction, a report, etc. noted. The case was first filed in 2020 and FTC requires the meta to be forced to interrupt WhatsApp and Instagram to equalize the conditions.
FTC attorney Daniel Matheson also challenged Mark Zuckerberg about formulations in his e -mails to collaborators, suggesting that “more interested” has stopped growth of Instagram before it improved the application.
It is expected that the complete court, which is presided over by the US district judge James Boasberg, will also be in court before the court, former Coo Sheryl Sandberg Coo Sheryl Sandberg on Facebook.
Facebook bought Instagram in 2012 for $ 1 billion when it was a site sharing without ads. In 2014, Facebook bought $ 22 billion. Both acquisitions helped Facebook move operations from a heavily based board direction to mobile and application direction.
(With the entry from agencies)
(Tagstotranslate) meta
