Meta CEO Mark Zuckerberg is defending Meta in a US antitrust trial. The Federal Trade Commission (FTC) alleges Meta illegally monopolized social media through its acquisitions of Instagram and WhatsApp. Zuckerberg testified that the acquisitions were to improve technology and grow the company, not to eliminate competition. The FTC argues Meta overpaid to neutralize competitors. The trial, expected to last two months, could result in Meta being forced to divest itself of Instagram or WhatsApp. Meta counters that the FTC's lawsuit is misguided and that there is ample competition in the social media market.

Prepared by Christopher Adams and reviewed by editorial team.