FTC v. Meta: the antitrust battle over Instagram and WhatsApp
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Zuckerberg: TikTok slowed Meta’s growth ‘dramatically.’
The Meta CEO is back on the witness stand for the third day of trial. His lead lawyer for the case, Mark Hansen, kicks things off by asking about the impact of TikTok. “We observed that our growth slowed down dramatically” with TikTok’s rise, Zuckerberg says.
If you’ve been following Meta and the social media industry, you already know that Zuckerberg has been talking about the threat of TikTok for a while. Hansen is focusing on this in court to persuade the judge that Meta competes with more companies than the FTC alleges. If Meta can discredit the government’s market definition, its antitrust case falls apart.
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