Can Mark Zuckerberg be forced to sell Instagram? What to know star-news.press/wp

Mark Zuckerberg’s target turns from the sights of the antitrust case from the Federal Trade Commission (FTC), which accuses the creation of competition by acquiring potential rivals, not innovation.

The trial, which begins Monday, could force targets in the distance Instagram and WhatsApp, two most commonly used platforms of social media in the world.

Newsweek He contacted the target and FTC to comment by email.

Context

FTC claims that the target has acquired Instagram in 2012. and WhatsApp in 2014. for neutralizing the growing competition and maintaining the dominance of the social media industry, despite the fact that they were widering both purchases at the time.

Zuckerberg allegedly made more excursions in the White House in an effort to broker settlement that would prevent the trial, but the trial begins without settlement in sight.

What to know

Meta, known at the time as Facebook, acquired Instagram in 2012. and whatsapp in 2014. year, which makes it one of the largest companies on social media in the world. Both acquisitions have reviewed and cleaned the FTC at the time.

However, the case of the Commission, who was filed for the first time in 2020. years, criticized Zuckerberg’s media company of the Accumulatory Rival as a way of preventing any competitions in the social media industry.

“Facebook actions for entering and maintaining their monopoly refuse consumers of the advantage of competition,” Ian Conner said, who was the director for competing the FTC at the time of submission.

“Our goal is to return to Facebook anti-empopal behavior and return the competition so that innovation and free competition can advance.”

In response to the trial, Zuckerberg allegedly visited a white house in an attempt to reach a settlement before the decision was made.

The Wall Street magazine They reported that the meta’s top representatives of the lobby President Donald Trump directly on offer to prevent any breakup of their brands.

Trump and Zuckerberg have a complicated history, and the president is critical of the management of the Executive Director of the Silicon Valley, which culminated in a ban on the Meta platforms after the riots of the 6th January.

However, the two of them have reconciled to some extent. Zuckerberg donated to the Trump inauguration fund and was present for his inauguration speech, along with other big names from Big Tech like the Founder of Amazon Jeff Bezos.

What do people say

The spokesperson said the target: “On Monday, April 14. He will start a trial in the weak antitrust lawsuits, trying to cancel Instagram and Whatsapp acquires 10 years ago. He ignores the market and persecute the theory that is not held in the real world.

“Evidence at the trial show what each 17-year-old knows: Instagram, Facebook and WhatsApp compete with Chinese tictok, YouTube, X (earlier Twitter), IMESSAGE and many others.”

In connection with the meeting of the Meta Representatives with a white house, the meta spokesman said Wall Street Journal: “We regularly meet with policy makers to discuss issues that affect competitiveness, national security and economic growth.”

What happens next

The White House did not give any indication that it would prevent the trial from going forward. If FTC is successful, the target can be forced to subtract two of their largest brands, which would be one of the largest earthquakes in the technology world in the years.