FTC Sues Facebook Over Competition

This is a news story, published by Condé Nast, that relates primarily to Mark Zuckerberg news.

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antitrust law

Condé Nast

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Technology

Mark Zuckerberg’s Words Are About to Come Back to Bite Him

Summary

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73% Informative

The FTC is trying to prove that Facebook bought Instagram and WhatsApp to protect its monopoly.

Mark Zuckerberg wrote in an email in 2008 that “it is better to buy than to compete” The FTC says Facebook bought WhatsApp and Instagram to secure Facebook 's social networking supremacy.

The company now known as Meta has called the FTC 's case “weak”.

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Informative language

Neutral language

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formal

Language

English

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not offensive

Hate speech