Gaza media office says 700 days of Israeli bombardment caused $68 billion in damage    Modi welcomes Trump's remarks on India-US ties despite tariff tensions    British lawmakers urge boycott of Israeli President Herzog's visit    Saudi Arabia condemns Israeli calls for Palestinian displacement, backs Egypt's stance    Saudi Arabia's digital sector grows to 389,000 workers with record female participation    Riyadh Metro adjusts start time to 5:30 AM to serve commuters and students    Saudi Red Crescent to implement first aid in secondary schools    Health minister and Syrian communications minister discuss enhancing digital health cooperation    Saudi Arabia, France sign cultural cooperation program at Versailles    Executive regulations to define exceptions to deportation under amended traffic law    Mike Tyson and Floyd Mayweather Jr. set to meet in exhibition boxing match in 2026    Gamers frustrated as Hollow Knight: Silksong crashes stores on launch    'My mother was my shelter and storm': Arundhati Roy on her fierce new memoir    Al-Falih: Saudi Arabia expected to host over 1,000 RHQs for global companies in a few years    HONOR to participate in Global Symposium for Regulators 2025 in Saudi Arabia    Restored Big Ben tower up for architecture award    NVIDIA GeForce RTX 50 Series laptops redefine learning, creating and gaming    Al Ahli secure Flamengo starlet Matheus Gonçalves in long-term deal through 2027    Al Hilal sign Turkish defender Yusuf Akcicek on €22m deal until 2029    Al Qadsiah sign German midfielder Julian Weigl to strengthen defensive midfield    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Landmark antitrust trial could force Zuckerberg to sell Instagram
Published in The Saudi Gazette on 14 - 04 - 2025

A trial in the landmark antitrust case against social media giant Meta kicked off in Washington on Monday.
The US competition and consumer watchdog alleges that Meta, which already owned Facebook, bought Instagram in 2012 and WhatsApp in 2014 to eliminate competition, effectively giving itself a monopoly.
The FTC reviewed and approved those acquisitions but committed to monitor the outcomes. If the Federal Trade Commission (FTC) wins the case it could force Meta CEO Mark Zuckerberg to sell off both Instagram and WhatsApp.
Meta previously said it was sure it would win and experts have told the BBC it is likely to argue that Instagram users have had a better experience since it was taken over.
"The [FTC's] argument is the acquisition of Instagram was a way of neutralizing this rising competitive threat to Facebook," says Rebecca Haw Allensworth, a professor of antitrust at Vanderbilt Law School.
Ms Allensworth says Zuckerberg's own words, including those from his emails, may offer the most convincing evidence at trial.
"He said it's better to buy than to compete. It's hard to get more literal than that," Ms Allensworth says.
Meta, on the other hand, is likely to argue that intent is not particularly relevant in an antitrust case.
"They're going to say the real question is: are consumers better off as a result of this merger?," she said. "They'll put on a lot of evidence that Instagram became what it is today because it benefited from being owned by Facebook."
Zuckerberg and the company's former chief operating officer Sheryl Sandberg are both expected to testify at the trial, which could run for several weeks.
The case, FTC v Meta, was filed during US President Donald Trump's first administration but risks becoming politicized during his second term.
Zuckerberg has lobbied Trump in person to have the FTC drop the case, according to the Wall Street Journal.
When asked by the BBC to confirm that report, Meta sidestepped the question but said in a statement: "The FTC's lawsuits against Meta defies reality."
"More than 10 years after the FTC reviewed and cleared our acquisitions, the commission's action in this case sends the message that no deal is ever truly final," a Meta spokesperson told the BBC.
Relations between Zuckerberg and Trump had been frosty partly because Trump was barred from Meta's social media platforms after the US Capitol riot in January 2021.
Since then, the relationship has thawed somewhat.
Meta contributed $1m (£764,400) to Trump's inaugural fund, and in January announced Ultimate Fighting Championship Fighter (UFC) boss Dana White, a close Trump ally, would join its board of directors.
The company also announced in January that it was doing away with independent fact-checkers.
President Trump's move to fire two FTC commissioners in March also hangs over the case.
As Democrats, Rebecca Kelly Slaughter and Alvaro Bedoya were in the minority on the five-seat commission.
Until Wednesday, just two seats of those seats were filled, both by Republicans. Another Republican was confirmed by the Senate on Thursday.
Slaughter and Bedoya — who are suing the Trump administration to be reinstated — say the move to push them out was meant to intimidate.
"The president sent a very clear signal not only to us but to Chairman Ferguson and Commissioner [Melissa] Holyoak that if they do something he doesn't like, he could fire them too," Slaughter told the BBC in a recent interview.
"So if they don't want to do a favor for his political allies, they're on the chopping block as well," Slaughter said.
Slaughter and Bedoya both expressed alarm at recent reports about Zuckerberg's lobbying efforts.
"My hope is that there is no political interference," Bedoya told the BBC.
Ferguson, who was appointed as FTC chair by Trump, recently told The Verge he would "obey lawful orders" when asked what he would do if the president directed him to drop a lawsuit like the one against Meta.
Ferguson added that he would be very surprised if anything like that ever happened.
The FTC is considered a key antitrust watchdog. In recent years, it has returned hundreds of millions of dollars to victims of fraud, in addition to passing laws that ban junk fees and subscription traps.
But as the Meta trial begins, it's among the many independent regulatory agencies that the administration seems keen to rein in.
Chair Ferguson is also recently quoted reaffirming his belief that independent regulatory bodies are "not good for democracy."
FTC v Meta begins as another major antitrust case — USA v Google — enters what's known as the remedies phase.
The Department of Justice won the first phase of that case last summer when Judge Amit Mehta found that Google holds a monopoly in online search, with a market share of around 90%.
Last month, the DOJ reiterated a demand made during the Biden administration that a court break up Google's search monopoly.
The FTC's case against Meta will be tougher to prove, says Laura Phillips-Sawyer, an associate professor of business law at the University of Georgia.
"I think they have a real uphill battle," Ms Phillips-Sawyer said of the FTC.
"They have a long road before any consideration of divestiture of Instagram or WhatsApp is considered."
That's because compared to online search, there's more competition in the personal network services space that Meta operates in, Ms Phillips-Sawyer said.
Meta in a statement said 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." — BBC


Clic here to read the story from its source.