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Mark Zuckerberg says social media is over
During testimony at Meta’s antitrust trial, the Facebook founder’s argument was, in so many words, that platforms like his are not what they used to be.
But the F.T.C.’s definition of the social-media industry is hazy, and the antitrust case was already dismissed once, in 2021, partly because the “personal social networking services” market was too loosely defined. The F.T.C.’s case, which originated during Donald Trump’s first term, entails reëvaluating business deals that it approved more than a decade ago, when the industry looked dramatically different. notes that market competition can result in “improved features, functionalities, integrity measures, and user experiences”; it’s hard to mount a persuasive argument that an independent WhatsApp would necessarily have provided more of those things than a Zuckerberg-owned one.
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