can be forced to give up two social networks?

Billionaire Mark Zuckerberg’s company is a challenge for the United States Federal Trade Commission in court. The Commission says Facebook, which is now renamed Meta, took over what it considered to be competitive threats.

Meta faces perhaps the biggest legal challenge in its history. This is an antitrust lawsuit submitted by the Federal Commission, headed by Donald Trump’s first President of the United States (USA), which states that Meta is carrying out illegal monopoly activities, ”explained Barbara orthutay, a reviewer of The Associated Press.

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In 2012, Facebook bought a billion dollars on Instagram, then a small but promising photo sharing gadget, which now boasts two billion active users. In one of the letters published in court, Mr Zuckerberg described the emergence of Instagram as a truly frightening, adding that this might have to be considered the opportunity to pay a lot of money for it. In 2014, Meta purchased $ 17 billion. WhatsApp. The Trade Commission says that in this case, Mr Zuckerberg was afraid that the messaging gadget could turn into a social network or be bought by a competitor.

« The Federal Trade Commission says Meta, which has purchased Instagram and WhatsApp, which is now two social media powers, has sought to suppress competition and eliminate competitors, » the reviewer said.

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Currently, Meta can be forced to give up Instagram and WhatsApp.

« If the Federal Commission of Commerce wins this eight -week trial, they seek to be separated from Meta by WhatsApp and Instagram. So, Meta should basically only Facebook and artificial intelligence business. It would be a huge blow to her because it was estimated that about 50 percent. Her revenue from advertising comes from Instagram, said Ortutay.

In court, Mr Zuckerberg has already testified.

“This court is very important not only for Meta, but also for the entire technology industry. It will indeed show how much the Federal Commission is ready to resist large technology companies that have begun to dominate our lives, ”the reviewer explained.

M. Zuckerberg’s former deputy and many leaders of competing companies should testify in court.