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NYTimes
124 days

At Meta Antitrust Trial, Sheryl Sandberg Testifies About Competition and Instagram Deal

1. Sheryl Sandberg argues Meta nurtured Instagram amid competition. 2. TikTok's rise could impact Meta's $3-6 billion revenue. 3. U.S. government accuses Meta of monopolistic practices. 4. Meta's past acquisitions of Instagram and WhatsApp are under scrutiny. 5. Difficult for government to prove antitrust claims due to past approvals.

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FAQ

Why Neutral?

While Sandberg’s testimony defends Meta's actions, antitrust risks remain. The government’s case could influence investor sentiment.

How important is it?

Antitrust litigation can materially affect market perception of Meta. Investors are wary of potential breakup or regulatory changes.

Why Long Term?

The trial's outcome may reshape the regulatory landscape affecting Meta over years. Historical examples include past antitrust cases impacting long-term strategies.

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