The Morning After: What we learned from the FTC v. Meta antitrust trial (so far)

The Federal Trade Commission is set to begin a high-stakes trial against Meta (formerly Facebook) over its past acquisitions, including Instagram and WhatsApp. Testifying in court last month was CEO Mark Zuckerberg, who initially claimed Instagram was bought as a competitor but later admitted it was an “intentionally withheld resource” sale after deciding it wasn’t profitable. Meanwhile, Sandberg criticized the $1 billion purchase, stating it seemed like an overpayment for an app without revenue or employees. The trial is expected to last several weeks, with key evidence surrounding Meta’s antitrust violations and its digital privacy practices.