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What we’ve learned from the FTC v. Meta antitrust trial
FTC v. Meta is unlikely to be fully settled anytime soon, the trial has successfully uncovered tons of new details about the inner workings of the social media company.
Years after the Federal Trade Commission first sued the social network in an attempt to unwind its acquisitions of Instagram and WhatsApp, the trial that will shape its future is finally underway. Zuckerberg, apparently aware that the plan was somewhat risky, even suggested that Facebook could test out the idea in a “smaller country” first in order to gauge the effect it might have on users. On the stand, Meta’s Chief Revenue Officer John Hegeman testified that there has been “very little interest” in the plan with only “about .007 percent” of users opting in, according to testimony reported by The Verge.
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