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Tags: meta | mark zuckerberg | instagram | ftc | antitrust

Document: Zuckerberg Eyed Instagram Spinoff Amid Antitrust Scrutiny

mark zuckerberg leaves federal court in dc in limousine
Meta CEO Mark Zuckerberg leaves federal court in Washington on April 14, 2025. The Federal Trade Commission has begun an antitrust trial against Meta over the company's acquisitions of Instagram and WhatsApp and allegations that the company holds a monopoly over the social networking market. (Andrew Harnik/Getty Images)

Tuesday, 15 April 2025 04:21 PM EDT

WASHINGTON — Meta CEO Mark Zuckerberg considered spinning off the popular social media app Instagram in 2018 in anticipation of a potential antitrust lawsuit, documents unveiled at trial on Tuesday in Washington showed.

This occurred during Zuckerberg's second day of testifying at the trial in Washington, in which the Federal Trade Commission is seeking to unwind Meta's acquisitions of prized assets Instagram and WhatsApp.

© 2025 Thomson/Reuters. All rights reserved.

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Meta CEO Mark Zuckerberg considered spinning off the popular social media app Instagram in 2018 in anticipation of a potential antitrust lawsuit, documents unveiled at trial on Tuesday in Washington showed.
meta, mark zuckerberg, instagram, ftc, antitrust
63
2025-21-15
Tuesday, 15 April 2025 04:21 PM
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