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FTC presses Zuckerberg to admit he bought Instagram to ‘neutralize’ it

Meta CEO Mark Zuckerberg struggled in federal court Tuesday to defend his reasons for the Facebook owner’s $1 billion purchase of Instagram more than a decade ago – one of two acquisitions the Federal Trade Commission now contends was illegally anticompetitive. FTC lawyer Daniel Matheson repeatedly pressed Zuckerberg to explain several internal messages he sent […]


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