Zuckerberg confirmed: Could Meta Facebook separate from Instagram?

Zuckerberg confirmed: Could Meta Facebook separate from Instagram?

In the current process of the possible destruction of the Facebook group Meta, Mark Zuckerberg has given important information as a witness. As the Krone reports, Zuckerberg confirmed that he had considered in 2018 to repeal Instagram, which was due to the pressure of competitive guardians. He expressed concerns that Meta might be forced to separate from Instagram and WhatsApp in the next five to ten years.

The US trade authority FTC pursues the goal of implementing META because it accuses the company of having acquired WhatsApp and Instagram to secure its monopoly position. The process could take several years because appeals can be expected.

The pressure of the competitive keepers

The FTC demands that meta consequences for the takeovers, including reversal. In March Meta offered the FTC a payment of $ 450 million to end the procedure. However, the competitive keepers demanded an amount of $ 30 billion. Shortly before the process date, META increased its offer to almost one billion dollars, while the minimum claim of the FTC for a comparison was $ 18 billion, combined with new editions for META. This hanging game meant that Zuckerberg had to face an hourly survey.

Zuckerberg not only confirmed the considerations of the separation from 2018, but also admitted that Facebook had difficulty managing the various apps efficiently. This raises questions about the future structure and strategy of the company.

legal framework and competition law

In this context, the law against restrictions on competition (GWB) plays a central role in Germany. According to e-law24 , the GWB regulates antitrust law and protects companies and consumers from monopolistic practices and unfair market distortions. Essential aspects of the GWB include antitrust control, the supervision of market -controlling companies and the control of corporate fusions.

The GWB provides for severe punishments for violations that can be up to 10 % of the annual turnover due to fines. In addition, companies that violate the regulations must expect claims for damages and criminal law. Among these structures, the behavior of meta and similarly large companies with regard to competitiveness and market position are still being observed closely.

The coming months will therefore be crucial, not only for meta, but also for regulation in digital space as a whole.