Mark Zuckerberg Disputs FTC’s Social Media Monopoly Claim

Meta CEO Mark Zuckerberg took the stand in federal court, disputing the US Federal Trade Commission’s claim that his company has monopolized the social media market. According to Zuckerberg, Facebook owns Instagram and WhatsApp, but allowing people to connect with friends and family remains a priority for the platform. However, he emphasized that the core service of the platform allows users to discover and learn about global events, contradicting the FTC’s assertion.

Source: https://www.bloomberg.com/news/articles/2025-04-14/meta-faces-potential-breakup-with-ftc-antitrust-trial-starting