Meta CEO Mark Zuckerberg lobbies Trump to avoid antitrust trial: Report
The Hindu
Meta Platforms CEO Mark Zuckerberg is lobbying U.S. President Donald Trump to agree to a settlement.
Meta Platforms CEO Mark Zuckerberg is lobbying U.S. President Donald Trump to agree to a settlement that would prevent the company from facing an antitrust trial later this month, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Meta and its representatives met with the president and his senior advisers ahead of an April 14 Federal Trade Commission trial that could force the company to unwind its acquisitions of messaging platform WhatsApp and image-sharing app Instagram.
"We regularly meet with policymakers to discuss issues impacting competitiveness, national security, and economic growth," Meta told Reuters.
The White House had no immediate comment and a spokesperson for the FTC declined to comment.
The FTC is at the forefront of an antitrust crackdown on Big Tech companies that began during Trump's first term and continued under President Joe Biden. Democrats have questioned Trump's commitment to continuing the cases after moves by Big Tech companies to smooth relations with the White House, and Trump's sudden firing of the FTC's two Democratic commissioners.
FTC Chairman Andrew Ferguson has said he plans to continue pursuing the agency's cases against Meta and Amazon.
The FTC sued Meta in 2020 during Trump's first term, alleging the company acted illegally to maintain a monopoly on personal social networks.
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