FTC v. Meta: the antitrust battle over Instagram and WhatsApp
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Instagram and WhatsApp were ‘highly likely to be successful’ without Meta.
The FTC’s expert witness Jihoon Rim, who previously ran WhatsApp competitor Kakao, says both apps’ growth pre-acquisition were “exceptional.” On any given day, more than 60 percent of monthly users would be active, and both apps’ userbases grew very quickly. Rim says that WhatsApp’s lead investor had called it one of the highest-engagement apps they’d seen — higher, even, than Facebook.
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