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Meta's antitrust trial could force Zuckerberg to sell Instagram | Meta's antitrust trial could force Zuckerberg to sell Instagram |
(about 11 hours later) | |
A trial in the landmark antitrust case against social media giant Meta kicked off in Washington on Monday. | |
Lawyers for the US competition and consumer watchdog allege Meta unlawfully quashed rivals by purchasing Instagram and WhatsApp over a decade ago. | |
"They decided that competition was too hard and it would be easier to buy out their rivals than to compete with them," said Federal Trade Commission (FTC) lawyer Daniel Matheson. | |
Meta countered that the lawsuit from the FTC, which reviewed and approved those acquisitions, is "misguided." | |
Meta "acquired Instagram and WhatsApp to improve and grow them alongside Facebook," the company's attorney Mark Hansen argued. | |
A win by the FTC could force CEO Mark Zuckerberg break up the company. | |
That could include spinning off photo sharing app Instagram and messaging service WhatsApp. | |
The FTC says the company overpaid when it acquired Instagram for $1 billion in 2012. Two years later, it purchased the WhatsApp for $19 billion. | |
"The [FTC's] argument is the acquisition of Instagram was a way of neutralising this rising competitive threat to Facebook," says Rebecca Haw Allensworth, a professor of antitrust law at Vanderbilt Law School. | |
Ms Allensworth says Mr Zuckerberg's own words, including those from his emails, may offer the most convincing evidence at trial. | Ms Allensworth says Mr 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. | "He said it's better to buy than to compete. It's hard to get more literal than that," Ms Allensworth says. |
On Monday, Matheson referenced a 2012 memo from Zuckerberg in which he discusses the importance of "neutralising" Instagram. Matheson called the message "a smoking gun." | |
Meta, on the other hand, said the purchases made the consumer experience better. | |
"Acquisitions to improve and grow" have never been found unlawful, Hansen said Monday, "and they should not be found unlawful here." | |
The company maintains that it faces competition from a slew of other apps, including TikTok, X, YouTube, and iMessage. | |
Mr 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. | Mr 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. |
Shifting politics | Shifting politics |
The case, FTC v Meta, was filed during US President Donald Trump's first administration but risks becoming politicised during his second term. | |
Mr Zuckerberg has lobbied Trump in person to have the FTC drop the case, according to the Wall Street Journal. | Mr 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." | 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. | "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 Mr 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. | Relations between Mr 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. | Since then, the relationship has thawed somewhat. |
Meta contributed $1m (£764,400) to Trump's inaugural fund, and has added former Trump adviser Dina Powell McCormick and Ultimate Fighting Championship (UFC) boss Dana White, a Trump ally, to Meta's board of directors this year. | |
The company also announced in January that it was doing away with independent fact-checkers and had agreed to pay Trump $25 million to settle a lawsuit over the suspension of his accounts after the 6 January Capitol riots in 2021. | |
'A very clear message' | 'A very clear message' |
President Trump's move to fire two FTC commissioners in March also hangs over the case. | 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. | 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. | 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. | 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. | "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 favour 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. | Slaughter and Bedoya both expressed alarm at recent reports about Zuckerberg's lobbying efforts. |
"My hope is that there is no political interference," Mr Bedoya told the BBC. | "My hope is that there is no political interference," Mr Bedoya told the BBC. |
The FTC did not respond to a request for comment from the BBC. | The FTC did not respond to a request for comment from 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, 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. | 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. | 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. | 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." | Chair Ferguson is also recently quoted reaffirming his belief that independent regulatory bodies are "not good for democracy." |
The FTC's 'uphill battle' | The FTC's 'uphill battle' |
FTC v Meta begins as another major antitrust case - USA v Google - gets set to enter 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%. | 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. | 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. | 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. | "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." | "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. | 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. |
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