Source: Benzinga

Instagram: Sheryl Sandberg Testimony In Meta Antitrust Trial Touches On Efforts To Stifle Ads From Google Plus, KakaoTalk - Mark Zuckerberg Says TikTok Bigger Than Facebook, Instagram Combined

On Wednesday, in the ongoing antitrust trial against Meta Platforms, Inc. (NASDAQ:META), former COO Sheryl Sandberg testified about the company's efforts to block advertisements from potential competitors like Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Plus, KakaoTalk, and LINE.What Happened: During the trial, Sandberg addressed internal communications from 2011 and 2012 that the Federal Trade Commission (FTC) claims show Meta's efforts to block competitors from advertising on its platform, reported the Washington Post.The FTC's lawyer, Susan Musser, questioned Sandberg about an email she sent to staff after Google launched Google Plus, in which she acknowledged that the new platform was Meta's "real competition."See Also: Netflix Debuts OpenAI-Backed Search Engine That Lets You Discover Movies And TV Shows Based On Emotions, Not Just TitlesSandberg explained that her comments were intended to "rally the troops" in response ...Full story available on Benzinga.com

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