FTC v. Meta: the antitrust battle over Instagram and WhatsApp
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L
Sandberg says she was wrong about Meta paying too much for Instagram.
The then-COO had told Zuckerberg in 2012 she thought they were paying too much to acquire Instagram. In retrospect, she testifies, “I was wrong. Like, very wrong.” No one today would say they paid too much for Instagram, she adds, before leaving the stand for the day. We expect she’ll continue her testimony tomorrow.
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