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Mark Zuckerberg defends Meta's social media acquisitions in first day of antitrust trial | CNN Business

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Meta CEO Mark Zuckerberg took the witness stand Monday to defend his company against accusations by the Federal Trade Commission that it bought competing social media companies to dominate the market with a monopoly.
In a significant antitrust lawsuit, Mark Zuckerberg is set to testify in a trial that accuses Meta, formerly known as Facebook, of monopolistic practices. The lawsuit, filed by a coalition of state attorneys general, alleges that Meta has engaged in anticompetitive behavior by acquiring potential rivals like Instagram and WhatsApp, thereby stifling competition in the social media market. The trial, which has drawn widespread attention, aims to determine whether Meta's business practices have harmed consumers and innovation. Zuckerberg's testimony is eagerly anticipated as it could provide crucial insights into Meta's strategic decisions and their impact on the tech industry. The outcome of this case could have far-reaching implications for the regulation of big tech companies.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/04/14/media/zuckerberg-meta-monopoly-trial/index.html ]