Instagram and WhatsApp were purchased by Meta within two years of each other.
If Meta doesn’t win a trial, Mark Zuckerberg may have to bid Instagram and WhatsApp farewell.
The Federal Trade Commission (FTC) and Meta are scheduled to face off in court today, April 14, following the FTC’s almost six-year inquiry into whether or not Meta violated competition laws.
In an attempt to “suppress, neutralize, and deter serious competitive threats” to Facebook, Mark Zuckerberg’s business purchased Instagram and WhatsApp in 2012 and two years later.
According to the US competition and consumer watchdog.