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BUSINESS

Zuckerberg’s 2012 email dubbed “smoking gun” at Meta monopoly trial

The FTC's antitrust trial against Meta began with the presentation of emails showing Mark Zuckerberg's intention to buy Instagram and other competitors like Snapchat to neutralize threats to Facebook's dominance. The FTC argues these acquisitions violated antitrust laws, citing emails where Zuckerberg expressed prioritizing buying over competing. Zuckerberg will testify today, facing questions about these emails and Meta's acquisition strategy. Legal experts note the rarity of unwinding mergers approved years ago.

Prepared by Christopher Adams and reviewed by editorial team.

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