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Meta’s Share of Time Spent Has Declined, Zuckerberg Testifies

The Information · Kalley Huang · last updated

Meta Platforms’ share of the amount of time people spend on social media apps has “declined…potentially meaningfully,” Meta Platforms CEO Mark Zuckerberg testified on Wednesday afternoon, saying that “a lot of the interaction” people have with friends directly has shifted to messaging apps.

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Related Knowledge Center: The Meta-FTC trial

State of Play

The Federal Trade Commission charges that Meta monopolized social networking via Facebook’s acquisitions of Instagram and WhatsApp. The trial concluded in May and now awaits a judge’s opinion in the U.S. District Court for D.C. The case is being closely watched as other antitrust lawsuits target Google and Apple.

Media and the law | Social media

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