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Meta boss Mark Zuckerberg takes stand in historic antitrust trial

News Snapshot:

Meta chief Mark Zuckerberg took to the stand to give evidence in a historic antitrust trial to defend his empire against allegations it illegally monopolised the social media market. The Federal Trade Commission (FTC) called Mr Zuckerberg as its first witness on Monday as it seeks to prove that Meta acquired Instagram and WhatsApp – start-ups it bought more than a decade ago – to preserve its monopoly in the social networking space. Advertisement In opening statements, FTC lawyer Daniel Matheson said Meta has used its position to generate enormous profits even as consumer satisfaction has dropped. He said Meta…

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