At Washington DC, a legal proceedings against Meta began on Monday, which in the most extreme case can ensure that the Facebook Mother Group loses Instagram and WhatsApp. To prevent this, Meta Boss Mark Zuckerberg personally testified at the beginning of the process and defended his group. They have no monopoly in the field of social network for contacts with families and friends as it is much larger than FTC claims, the New York Times quoted them. The US trade supervision presented the case and so insisted that there is only Snapchat in Instagram and WhatsApp and there is a service called Meve in the form of a competition in the region.
Dived from Zuckerberg Email
According to court room reports, Zuckerberg was given its emails before the acquisition of Instagram and WhatsApp, recognizing his strong growth. In 2012, he said how important it was to “neutralize potential contestants” with Instagram. He later explained that the photo service was “much faster than us” we grew up that you had to buy it. Shortly before the acquisition, he wrote that someone will allow Instagram to continue, but no one will add work, Cits New York TimesSo Zuckerberg admitted that a hurry was bid at that time and said that Instagram was developed very well.
FTC’s representation is therefore, among other things, it is explained that if they want to succeed then it is the US government’s policy to stop companies to compete with each other: “Now we are here because Meta has broken the agreement.” The group decided that the competition was very tired and it would be easy to buy only rivals. Because Meta applications can be used for free, FTC wants to prove that users are otherwise damaged, for example, because they get more advertisements on Instagram if they are actually competitions, Politico writesAt the top of it, there will be more innovation.
It is expected that the process will last several weeks, Judge James Boseberg has already set the dates of the conversation till the beginning of July, writing the DPA news agency. Mark Zuckerberg should testify again on Tuesday. As long as the final explanation of the case may take years, it can be assumed that the inferior party is in appeal. The trial was presented in December 2020 in Donald Trump’s first term. Boasberg rejected this first version with derogatory words for FTC lawyers, but the authority which was held on the plan under the biden and returned with several numbers.
In the new trial, FTC reported that Facebook’s average market share was 80 percent on smartphones and 98 percent on PC from 2016 to 2020. At any time and in any device, the ratio fell below 70 percent. If the authority can actually explain to the court that the takeover is required, then there will be large -scale results for the meta. Meta receives about half of its advertising revenue on Instagram, with respect to active users every day, the biggest application of the WhatsApp group.
(MHO)
