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PBS News Hour - Segments

How Meta’s blockbuster antitrust trial could have major implications for big tech

PBS News Hour - Segments

PBS NewsHour

News, Daily News

4.11K Ratings

🗓️ 14 April 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

A blockbuster antitrust trial between Meta and the Federal Trade Commission is underway. The government alleges the company monopolized the social media market when it purchased Instagram WhatsApp. The trial could have major implications for big tech. Stephanie Sy discussed the case with Rebecca Allensworth, a law professor at Vanderbilt University. PBS News is supported by - https://www.pbs.org/newshour/about/funders

Transcript

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0:00.0

A blockbuster antitrust trial kicks off today between Meta and the Federal Trade Commission.

0:05.9

The government alleges the company, which was then called Facebook, monopolized the social media market

0:11.5

when it purchased competitors' Instagram in 2012 and WhatsApp two years later.

0:17.4

Stephanie Sigh is here to explore the potential impact of the trial. Stephanie?

0:21.7

William, the trial, which is expected to last up to two months, could have major implications

0:26.4

for big tech. If the social media giant loses, it could be forced to break itself apart

0:32.0

and sell off both of those popular platforms, including Instagram, which is projected to make up more than half of the

0:38.6

company's ad revenue this year. To help us understand the issues, we're joined now by Rebecca

0:43.7

Allensworth, Professor of Law at Vanderbilt University. Rebecca, thanks so much for joining the

0:49.0

News Hour. This is a case that has been years in the making, and we know what the major

0:53.8

battle lines already

0:55.1

are. The government alleges that META used a strategy to buy or bury other startups, killing

1:01.6

competition. Does the FTC have a strong case on that basis that META has violated antitrust

1:07.9

law? So it has a strong case on that part of the case about whether or not

1:12.4

the acquisitions suppressed competition. The weakest part of its case is actually whether or not

1:17.5

Facebook is a monopoly in the first place, whether or not meta is a monopoly. It has to prove both

1:22.6

monopoly power and an act of exclusion that allowed it to maintain that monopoly power.

1:28.7

But the problem for the government is that there are potentially other competitors that we

1:32.7

could see as major players in this space.

1:35.4

Mehta's lawyer today called the case a grab bag that was, quote, at war with the facts

1:41.2

and the law.

1:42.6

We heard that Mark Zuckerberg himself testified today.

...

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