These words were heard on the second day of the statement of Meta* for the US Federal Trade Commission (FTC), which accused the Meta* by acquiring Instagram* for 1 billion dollars and 19 billion dollars in 2014 by acquiring Instagram* in 2012.
FTC claims that Meta* uses the strategy of purchasing or destruction and eliminates competitors to maintain dominance. If the court supports the case, Meta* may have to sell Instagram* and WhatsApp*, which will weaken the advertising business and bring $ 160 billion a year. Zuckerberg claims that they have developed applications and protects purchases and shows competition with Tiktok and Youtube. In a letter dated 2018, he said that the separation of companies usually leads to growth.
*It belongs to the Meta, known and forbidden in the Russian Federation.
Source: Ferra
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