Inside the Meta monopoly trial
Briefly

Meta has gained a reputation as a fast follower in the tech industry, quickly imitating successful features from startups. Recent antitrust trials focus on whether its acquisitions of Instagram and WhatsApp were meant to foster growth or suppress competition. Judge James Boasberg's decision on the validity of these arguments will have significant implications for the industry. The episode details insights from the trial and mentions Meta's challenges with newer competitors like TikTok. Additionally, discussions include recent developments in smart glasses, with Google partnering with Gentle Monster.
Meta's reputation as a fast follower shows its ability to quickly capitalize on trends, but this leads to questions about its acquisition of platforms like Instagram and WhatsApp.
The ongoing FTC trial could determine if Meta strategically purchased Instagram and WhatsApp to boost their potential or to stifle competition—an outcome that could reshape the tech industry.
Read at The Verge
[
|
]