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WhatsApp and Instagram: Will Mark Zuckerberg have to sell WhatsApp and Instagram?

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There is big news about the world's largest social media company Meta. The company may have to sell WhatsApp and Instagram due to the ongoing hearing in the antitrust case in America. Meta owns social media companies like Facebook, WhatsApp, Instagram and Threads.

The US Competition and Consumer Watchdog has made serious allegations against Meta. The company is accused of buying Instagram in 2012 for about $1 billion and WhatsApp in 2014 for $22 billion to eliminate competition and create a monopoly in social media. Along with this, the company is also accused of major irregularities in buying these two companies.

Meta may have to sell WhatsApp and Instagram.
In the ongoing hearing on Meta, the court will decide whether it has broken the rules to buy startups and companies coming in its way or not. Let us tell you that Meta was permitted by the Federal Trade Commission (FTC) to buy WhatsApp and Instagram.

According to US rules, the FTC also has to monitor the outcome of the deal. Now it believes that Meta deliberately bought WhatsApp and Instagram to dominate the social media market. If the court rules in favor of FTC, then Meta may have to sell Instagram and WhatsApp.

Mark Zuckerberg will be questioned.

Reports are claiming that this anti-trust case going against Meta can last for 6 weeks. During this time, the company's CEO Mark Zuckerberg can be called for questioning. Along with this, the company's former Chief Operating Officer (COO) Sheryl Sandberg can also be called.

Meta is confident - and will win the case easily.

Meta says that the anti-trust case going on against it is not relevant. The company believes that we have improved the experience of users after buying Instagram and WhatsApp. By doing this, they have not eliminated the competition.

Disclaimer: This content has been sourced and edited from Hr Breaking. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.

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