Translated material
Zuckerberg can be forced to sell Instagram
In the United States, a lawsuit starts, following which META may be forced to sell its Instagram social network. About this writes the BBC.
According to the publication, META is accused of acquiring Instagram in 2012 and WhatsApp in 2014, she got rid of competition, in fact, becoming a monopolist. Despite the fact that these transactions at the time of the commission were approved by the American regulator represented by the Federal Trade Commission (FTC), its representatives still warned that they would monitor the results of the merger.
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“The argument [FTC] is that the acquisition of Instagram was a way to neutralize the growing competitive threat to Facebook,” says the professor of antimonopoly law in the Law School of Vanderbilt, Rabecke Haw Allensvort, according to her, the proof of this is the electronic letters of the META general director Mark Zuckerberg. “He said that it is better to buy than compete. It is difficult to put it more literally, ”said Allensvort.
At the same time, according to her, META lawyers are likely to insist that intention does not matter in the antimonopoly case. “They will say that the real question is as follows: did consumers gain an advantage as a result of this merger? They will provide a lot of evidence that Instagram has become what he is today because he benefited from belonging to Facebook, ”the expert believes.
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According to the BBC, it is expected that the trial will take several weeks, and the testimony in court will be given personally by Tsuckerberg and the chief operating director of META Sheryl Sandberg.
Representatives of the company have already stated that they were confident in their victory in court and accused the American regulator of inconsistency. “More than 10 years after FTC considered and approved our acquisitions, her actions send a signal that no transaction is truly final,” Meta said.
At the same time, the publication notes that the recent dismissal from the FTC two commissioners-democrats will be crucial for this case. Now three out of five places are occupied by Republicans there. The BBC recalls that despite the tense relations between Trump and Tsuckerberg, which took place earlier, the latter donated a million dollars to the Trump Inaugural Fund after his victory in the elections in November 2024.
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