Zuckerberg’s $450M FTC Settlement: A Trump Deal or Systemic Corruption?
Mark Zuckerberg attempted to settle the FTC’s antitrust lawsuit against Meta, initially offering $450 million then increasing to $1 billion, significantly less than the FTC’s demand of $30 billion. He reportedly sought President Trump’s intervention, leveraging their prior interactions and financial contributions. However, the FTC rejected the offers, leading to a trial where Zuckerberg testified. The lawsuit alleges Meta’s acquisitions of Instagram and WhatsApp constituted anti-competitive behavior.
John Q. Hosedrinker