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Zuckerberg Denies Meta Bought Rivals To Conquer Them

Zuckerberg
International Business Times Fews App News Provider
Fews App Post Time 2d ago

Mark Zuckerberg took direct aim at the US government's argument that he sought to neutralize rivals when his company Facebook, now Meta, bought Instagram and WhatsApp AFP Meta chief executive Mark Zuckerberg on Wednesday denied in court that his company bought rival services Instagram and WhatsApp to neutralize them, as his testimony in a landmark antitrust case came to a close. The case could see the Facebook owner forced to divest of the two apps, which have grown into global powerhouses since their buyout. During his third and final day on the stand in a federal courtroom in Washington, Zuckerberg took aim at the Federal Trade Commission's main argument -- that Facebook, since renamed Meta, devoured what it saw as competitive threats.

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