Meta is set to begin a high-profile antitrust trial on Monday against the Federal Trade Commission, according to CNBC. The agency is seeking to force the company to divest Instagram and WhatsApp. The trial centers on claims that Meta illegally monopolized the personal social networking market by acquiring emerging rivals rather than competing with them. Meta contends it faces strong competition from TikTok, YouTube, and iMessage. The FTC argues that Meta has monopolized the personal social networking market, claiming there are no major alternatives to Facebook and Instagram.
