Meta antitrust trial kicks off in federal court

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431 points c420 | 1 comments | 14 Apr 25 13:18 UTC | HN request time: 0.206s | source

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henryfjordan ◴[14 Apr 25 19:16 UTC] No.43685057[source]▶

> "The FTC's lawsuit against Meta defies reality. The evidence at trial will show what every 17-year-old in the world knows: Instagram, Facebook and WhatsApp compete with Chinese-owned TikTok, YouTube, X, iMessage and many others," Meta spokesperson Chris Sgro said in a statement.

Everyone knew at the time that Facebook bought Instagram because it threatened Facebook's dominance, and hindsight shows that exactly that happened. There's a huge swath of people that dropped off FB and now use Insta, but Meta owns both. It was a great move but it was absolutely anti-competitive at the time.

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nonethewiser ◴[15 Apr 25 02:18 UTC] No.43688415[source]▶

>>43685057 #

Anti competitive how though? It helped them, and facebook helped instagram, but where is the monopoly?

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1. eGQjxkKF6fif ◴[15 Apr 25 02:25 UTC] No.43688453[source]▶

>>43688415 #

? Meta owning Instagram and Facebook is the monopoly. Owning things that BILLIONS AND BILLIONS of users use because you want to own them and control them so others don't, that's the monopoly.

Innovation can't happen without Facebook's say-so, that's the monopoly, and over way too many people.

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