Instagram co-founder Kevin Systrom has accused Mark Zuckerberg of stifling the photo-sharing app in testimony that backs up antitrust regulators in a monopoly trial that could lead to Meta’s break-up.
Systrom, a key witness called by the US Federal Trade Commission, on Tuesday told a federal court in Washington that Meta failed to provide sufficient resources to realise Instagram’s growth potential after acquiring it in 2012 for $1bn.
The accusations hit at the heart of the case brought by the antitrust agency, which has accused Meta of building and retaining a monopoly in part via the acquisition of nascent rival Instagram.
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