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Chairman of the Federal Trade Commission Andrew Ferguson, Agency Explains the regulatory agenda of the META and Trump Management of Agency Antitrest.
Old Meta Chief Operator Sheryl Sandberg The company was stated in an antitrest box, which is aimed at blocking ads from opponents in Facebook.
Sandberg, the company, allegedly by the Federal Trade Commission (FTC), tested the allegations that the Instagram and WhatsApp set up in the Squash competition and the social media market.
Facebook Instagram, bought a Image Sharing Application Without any ads, in 2012, he purchased a messaging application for $ 1 billion, and two years after $ 22 billion.
The former meta-chief operative Sheryl Sandberg testified in an antitrest case that focuses on the blocking of opponents in the company’s Facebook. (Paul Marotta / Getty Images / Getty Images)
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Sandberg, Meta, Google Plus, as Coconotalk and Line, he accepted ads from the competition platforms on Facebook. Google Plus on Google Plus called Google Plus after launching Google Plus, he was informed about 2011.
During the testimony on Wednesday, he described his interpretation as a motivation for his team and is not as a market threat.
META CEO Mark Zuckerberg He stressed that the companies did not see the value and did not take out the opponents and received whatsapp.
In 2012, in a special discussion between Zuckerberg and Sandberg, Sandbram’s $ 1 billion price label, which is still wrong with a position that is wrong, he said.
“I think I was wrong. I think I think I’m very wrong,” Sandberg said.
Meta CEO Mark Zuckerberg, on July 8, 2021, Sun Valley, Allen & Company Sun Valley Conference in Idaho Allen & Company Sun Valley conference after a session. (Kevin Dietsch / Getty Images)
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He wanted to explain the messages that were disturbed Instagram It was a competitive hazard, Zuckerberg, the camera of the application was better than the camera features and meta was developed.
Zuckerberg, “We get a sewing and analysis while in a camera application process.” “I thought it was better on Instagram, so I thought it was better to get them.”
Comments appeared in Bolster, FTC, not meta rivals, but to buy rivals. Meta, Zuckerberg’s motifs does not matter because it is not a monopoly.
Zuckerberg also said that what happened in such a competitive industry, he said. The sale of methane is expected to be hinged on the identification of the market, which determines what consumers do.
The FTC claims that Meta Instagram and WhatsApp has established an illegal monopoly to protect the rule of Squash competition and social media market. (Jens Bultner / Picture Alliance via Getty Images / Getty Images)
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Meta lawyer Mark Hansen said that during the opening statement, the meta and applications could not be considered an unfair monopoly in the absence of even a percentage for services.
In addition, With tiktok And YouTube, Meta’s share of the market fell to 30%, Meta claimed that Meta appeared.
The US District Judge James Boasberg chairs the case, Last year, he decided that the lawsuit had to go to court, rejecting the demand for the Summary of Meta.
Reuters contributed to this report.