The Federal Trade Commission's antitrust trial against Meta is supported by emails from Mark Zuckerberg, highlighting a strategy of acquiring rivals to maintain dominance. One email indicated Zuckerberg viewed the $1 billion purchase of Instagram as vital to counter competition, while other communications revealed attempts to acquire Snapchat. The FTC argues that Meta's actions violated antitrust laws by opting for acquisitions over competition. Legal analysts note the difficulty of unwinding past mergers, indicating that Meta's dominance could be challenging to contest based solely on historic evidence.
At the trial, Matheson suggested that "Meta broke the deal" that firms have in the US to compete to succeed, allegedly deciding "that competition was too hard, and it would be easier to buy out their rivals than to compete with them."
Daniel Matheson, the FTC's lead litigator, flagged a "smoking gun"-a 2012 email where Mark Zuckerberg suggested that Facebook could buy Instagram to "neutralize a potential competitor."
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