Mark Zuckerberg personally lost the Facebook antitrust case
a day ago
- #Meta
- #antitrust
- #Zuckerberg
- Mark Zuckerberg's personal documents and memos are central to the FTC's antitrust case against Meta, revealing his intent to neutralize competitors like Instagram and WhatsApp.
- Zuckerberg's written communications explicitly state his strategy to prevent competition by acquiring potential rivals and reducing product quality post-acquisition.
- The case highlights Meta's alleged monopolistic practices, including raising ad prices on Instagram after eliminating competition.
- Meta's defense argues it faces significant competition from platforms like TikTok, but internal documents contradict this by defining Meta's market as 'Personal Social Networks'.
- The outcome of the case could have broad implications for antitrust enforcement against big tech, with potential remedies ranging from fines to corporate breakup.