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Mark Zuckerberg tried to negotiate settlement with FTC in landmark antitrust trial but failed

  • Mark Zuckerberg offered $450 million to settle the antitrust case with the FTC, but it was quickly rejected.
  • The FTC wanted at least $30 billion for the antitrust case, due to the monopoly of Meta over WhatsApp and Instagram.
  • Zuckerberg tried to convey that President Donald Trump would support him, but the FTC was not swayed by the counteroffer.
  • Meta, valued at $1.3 trillion, is fighting to save its social media empire and is currently facing a landmark antitrust trial.

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