🚨🇺🇸 META MONOPOLY UNDER FIRE
Zuckerberg Considered Instagram Spinoff Amid Breakup Fears
2018 memo shows Zuckerberg mulled spinning off Instagram to preempt antitrust scrutiny
FTC aims to unwind Meta’s acquisitions of Instagram & WhatsApp
Zuckerberg: Instagram had a "better camera" than Facebook’s—hence the buy
🔹FTC argues Meta used “buy or bury” to crush rivals, cites failed internal app attempts
🔹Meta denies monopoly, points to rivals: TikTok, YouTube, iMessage
🔹Zuck defends ad load: says some users like more ads; Meta once discussed an all-ad feed
🔹Case reignites under Trump’s second term with GOP pledges to rein in Big Tech
#Meta #FTC #Antitrust #Instagram #Zuckerberg
-Reuters