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Zuckerberg sought to bolster Meta’s argument that it faces fierce competition from TikTok ... FTC Chairman Andrew Ferguson in late March and offered $450 million to settle the agency’s claims ...
Top antitrust experts think the FTC will have a tough time winning the trial — but there's still a real chance Meta will sell ...
Hansen said the FTC is deploying a social media market definition it created that excludes TikTok, YouTube and Apple’s iMessage. “That’s indefensible,” Hansen told the judge. The broad ...
Meta CEO Mark Zuckerberg emphasized Wednesday that his social media company faces stiff competition from TikTok, as Meta seeks to fend off accusations from the Federal Trade Commission (FTC ...
For the FTC to win its monopolization claim, brought under Section ... he can move against it. But Meta faces competition from TikTok, Snap, X.com, YouTube and others, and Mr. Ferguson would ...
The Federal Trade Commission (FTC) took Meta to trial last week, opening a federal antitrust assault that threatens to tear ...
Meta CEO Mark Zuckerberg is in federal court for a second day in a landmark federal antitrust trial accusing Meta of being a monopoly.
Mark Zuckerberg’s Meta reportedly extended a paltry offer of just $450 million to settle the landmark FTC ... based TikTok and Google-owned YouTube in a separate market. The feds claim ...
That was one of several takeaways from more than 10 hours of testimony from Meta’s CEO, during which he pushed back on the FTC’s claims that ... toward rivals like TikTok and YouTube.