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In 2018, Mark Zuckerberg, Federal Trade Commission (FTC), will be looking for Instagram (FTC), which will be sought in the Antitrest Courage of Meta, which began this week. CNBC declare In Washington on Tuesday, with managers in Washington, comments came to light from a e-mail rope.
“I started to think that the yarn of Instagram was the only structure that will fulfill a number of important goals,” Zuckerberg wrote in the email. “We will not force calls, instagram to eliminate the growth of large technological companies, and perhaps we will be forced to prove to WhatsApp in the next 5-10 years.” The estimate, which was made six years ago, ended in the spotlight.
“On the flip side, most companies are the fact that corporate history is better performed after dividing the division,” the same email was added according to New York Times.
Zuckerberg’s is the second Testimony Day in the trial court 2020 Government Claim Against meta (then known as Facebook). FTC claims that the company’s Instagram purchases (for $ 1 billion in 2012) and WhatsApp (for) $ 19 billion in 2014) Injuries competition. If the court switches to the FTC, it is likely to ask the judge to break the meta by selling one or both of them.
Last April, meta moved the case to rejectBut the US District Judge James Boasberg allowed to continue with a narrow coverage.
On Tuesday, Meta CEO defended the company’s instagram procurement as a result of a standard cost of cost. “We used to build a construction-vs-vs-analyze,” Zuckerberg said. “I thought it was better than Instagram [than Facebook’s Camera app]Therefore I thought it was better to buy them. “
“It’s hard to build a new application,” he said. “Probably, we tried to build dozens of applications on the company’s history and most do not go anywhere.”
Other details that come to the light on Tuesday, Zuckerberg’s executors include an email to Kakao and Wechat’s Facebook from the advertisement. “These companies are trying to build social networks and replace us,” he said. “Income is important to us compared to any risk.”
