AssetID: 54668691
Headline: UNCAPTIONED; Zuckerberg Defends Meta in Landmark Antitrust Trial
Caption: Zuckerberg Defends Meta in Landmark Antitrust Trial. Mark Zuckerberg has taken the witness stand in a significant antitrust trial, defending Meta against accusations of operating a social media monopoly. The case, initiated by the Federal Trade Commission (FTC) in 2020, alleges that Meta unfairly dominated the market, through its 2012 acquisition of Instagram and 2014 purchase of WhatsApp. The FTC is pushing for a break-up of Meta, potentially forcing the sale of one of these platforms. In his testimony, Zuckerberg responded to emails from 2011 and 2012 in which he expressed concerns about Instagram’s rapid growth and Meta's lag behind competitors. He explained these were early discussions and emphasized how Meta has since improved Instagram. The trial, expected to last two months, marks a pivotal moment in the future of Meta’s business practices. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,Mark Zuckerberg,defends,Meta,trial,landmark,antitrust,monopoly,purchase,Instagram,WhatsApp,Federal Trade Commission,FTC,unfairly,dominated,market,pushing,break-up
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