💨 Abstract

During Meta's antitrust trial, CEO Mark Zuckerberg claimed that Snapchat's growth could have been accelerated if Meta had bought it in 2013 for $6 billion. The government is arguing that Meta aims to preserve its social media dominance by acquiring rivals instead of competing directly, and is seeking to force Meta to restructure or sell Instagram and WhatsApp, alleging an illegal monopoly.

Courtesy: techcrunch.com

Summarized by Einstein Beta 🤖