Technology
Meta CEO Mark Zuckerberg denies that Instagram was acquired to eliminate competition.
Published On Wed, 16 Apr 2025
Asian Horizon Network
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Meta CEO Mark Zuckerberg appeared in a U.S. court for a second day as part of an FTC-led antitrust trial, where he defended Meta’s acquisition of Instagram. He dismissed accusations that the purchase was aimed at suppressing competition, stating instead that it was a strategic move to support innovation and expand Meta’s overall product offerings.
Disclaimer: This video is taken from WION.