The US Federal Trade Commission is presenting an alternate reality in the antitrust case against Meta, where Instagram and WhatsApp were never acquired and remained competitive with Facebook.
Meta is arguing that without the acquisition, Instagram and WhatsApp would not have become robust and valuable platforms, claiming that consumers ultimately benefited from the acquisition.
Meta's defense includes key witness Brian Acton, WhatsApp cofounder, who testified to support the argument that WhatsApp users benefitted from Meta's acquisition.
The case is unfolding in a Washington, DC, courthouse with Meta building a counternarrative to the FTC's claims about the impact of the Instagram and WhatsApp acquisitions.