Sheryl Sandberg says Meta considered blocking advertisements from emerging competitors
Chairman of the Federal Trade Committee Andrew Ferguson prevents the start of Agencys Antitrust’s case against Meta and details the preliminary trump management agenda.
Meta CEO Sheryl Sandberg In Wednesday, the company has blocked the blocking of advertising competitors on Facebook.
Sandberg was quoted due to the requirements of the Federal Trade Commission (FTC), which company bought Instagram and WhatsApp to Squash Competition and establish an illegal monopoly to maintain its dominance in the social media market.
Facebook bought Instagram to a Photo Exchange Program: For $ 1 billion in 2012 without advertising, while two years later it bought the messages program, which is $ 22 billion.
Former Heridow CEO Cheryl Sandberg has testified on Wednesday that the company has advertised ads from advertising competitors on Facebook. (Photo: Paul Marotta / Getty Images / Getty Images)
The FTC Chair weighs the trial of Meta Antitrust
Sandberg admitted that the meta considers advertising ads from competitive platforms on Facebook, such as Google Plus, Kakaotalk and Line. He had questioned him about the 2011 message that he sent to the Google Plus employees, in which he called Google Plus “Real Competition”.
During Wednesday, he described the comment as his team’s motivation and not accepting the market threat.
Meta Ceo: Mark uck Ukerberg It was emphasized that he bought Instagram and WhatsApp because he saw values ​​in companies and not competitors.
In the 2012 meeting, private discussions between Zuerberg and Sandberg Sandberg skeptics about the sign of $ 1 billion worth of Instagram, he now accepted his position.
“I think I was wrong. I think I was very wrong, “Sandberg testified.
Meta Ceo Mark Zuckerberg is walking with the Coo Shery Sandberg on July 8, 2021 in the Sun Valley, in the Sun Valley, Idaho. (Kevin Dietsch / Getty Images)
Aspires to explain the messages he bothered Instant It was a competitive threat, the Ucker said that the app camera was just better than the features of the camera were meta.
“We were building an analysis of purchase, when Uckerberg said in the process of building a camera app. “I thought Instagram was better in it, so I thought it was better to buy them.”
Comments seemed to promote FTC’s claims that the meta chooses to buy competitors than compete. Meta claims that the motives of Uck Uckerberg do not matter because it has no monopoly.
Uckerberg also said that his job is to understand what is happening in such a competitive industry. He is expected to define the market in which Meta acts and evaluates whether its achievements are exploited to consumers.
FTC claims that the meta has bought Instagram and WhatsApp to compete in the social media market to resort to the competition. (Jens Büttner / Picture Alliance Via Getty Images / Getty Images)
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Meta lawyer Mark Hansen said during his opening statement that the meta and its plans could not be considered unfair monopolies if users had to spend even one cent for their services.
In addition, With TIKTOK And Youtube included, the share of the market meta downs below 30% claims the meta.
James Bouberg, Judge James Bouberg, is being conductedTo be in style Last year, rejecting the metha request and decision to make the case to be trial.
Reuters contributed to this reportA number
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