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At monopoly trial, Zuckerberg redefined social media as texting with friends

  • The Meta monopoly trial raises the question of how important it is to use social media for connecting with friends and family.
  • Facebook became successful by focusing on connecting people with their friends, reaching 1 billion users without being acquired by a Big Tech company.
  • The FTC argues that Meta has taken advantage of Facebook's early popularity and has cornered the market on personal social networks by acquiring rivals.
  • The FTC states that competitors like Snapchat and MeWe are limited, and platforms like TikTok and YouTube are not interchangeable.

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