A photograph taken during the World Economic Forum (WEF) annual meeting in Davos in January shows the logo of Meta, the U.S. company that owns and operates Facebook, Instagram, Threads and WhatsApp. Fabrice Coffrini/AFP via Getty Images
Fabrice Coffrini/AFP via Getty Images
The Federal Trade Commission told a federal judge on Monday that Meta has abused its power and acted as a monopoly by acquiring rivals instead of competing fairly, opening a months-long trial seen as a test of the Trump administration’s ability to challenge the power of Silicon Valley.
To make its case, the FTC cited Meta CEO Mark