Zuckerberg Says TikTok and YouTube Are Major Rivals to Meta
Meta Platforms CEO Mark Zuckerberg on Wednesday portrayed TikTok and YouTube as Meta’s primary competitors, saying that TikTok is “bigger than either Facebook or Instagram,” while “people spend more time on YouTube than Facebook and Instagram combined.” Zuckerberg was speaking on the witness …
Related Knowledge Center: The Meta-FTC trial
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