Zuckerberg Defends Meta in Landmark Antitrust Trial

• On Monday, Meta CEO Mark Zuckerberg testified in a Washington, D.C., courtroom, defending the company's acquisitions of Instagram and WhatsApp.
• The FTC argues that Meta's acquisitions created a social media monopoly, while Meta counters that these platforms flourished under its stewardship.
• Zuckerberg emphasized that Meta's purchase of Instagram was driven by its camera technology, not its social network.
• The trial, expected to last several weeks, will include testimonies from former Meta executives and Instagram's co-founder.
• Meta's spokesperson dismissed the FTC's claims, highlighting competition from TikTok, YouTube, and other platforms.

Source: Benzinga, Cnn, The Bbc