Mark Zuckerberg and his company META have been facing investigation in Antitrust case for many years. The controversy started during the time of former US President Donald Trump and is now gaining momentum once again. This controversy has increased so much that it is being speculated that Mark will not have to sell Facebook-Estagram. By the way, these are only being speculated. But it is also true that Mark may have to separate Instagram and WhatsApp. Before knowing about this controversy, understand why this is a case against Mark Zuckerberg. When did this case begin and what are the allegations.
Antitrust law means that no company becomes so big in the market that it should eliminate the rest of the companies. Or any company takes complete control of other companies in your hands. It is alleged that Facebook bought companies like Instagram and WhatsApp and formed a monopoly in the market. So that no other player can move forward.
In this case, America's Federal Trade Commission (FTC) and many state governments are sueing Zuckerberg's company. He says that META has deliberately purchased small social media companies and ended their competition.
In 2012, Facebook bought Instagram for $ 1 billion. After this, Facebook bought Whatsapp in 2014 for $ 22 billion. But this happiness of Mark did not last long. In 2020, FTC filed a case on this for the first time during Trump's tenure.
But the question comes whether this time Mark will be able to escape from this case or not. If not, Mark does not have to wash hands with Instagram.
FTC has claimed that Facebook has done more than 80 percent of the time of users in the social networking sector from 2012 to 2020. But the reply Meta given to this will surprise you. Meta said in its reply that FTC's market view is quite limited. Tiktok and YouTube in front of us are also strong competition. However, FTC could not prove that it has caused any damage to the consumer and advertiser.
META says that he did these deals under the law and completely following the rules. He said that these deals were already done with the approval of the government. Therefore, it is not right to call them wrong now. But the court and government agencies believe that Meta has a huge impact and it is limited to the options of the people.
At the moment it is difficult to say whether Mark Zuckerberg and Meta will be able to avoid this case completely. But if the court ruled against Meta, then the company may have to separate Instagram and Whatsapp. This case can become a big example not only for META but also for the entire tech industry.
This dispute can take a lot of time or say that it can take many years. If the Instagram is snatched away from Mark's hand, he may face heavy losses. In fact, in the US, 50 percent of the total earnings from advertisement from advertisement comes from Instagram alone. But it is also being speculated in the Trump administration that there may be an agreement on this matter. At present, everyone's eyes are on the antitrust case. Antitrest will decide the future of the case Meta.
