Facebook Pixel To win monopoly fight, Meta is touting a rival: TikTok | Mint Bangalore - newspaper - Read this story on Magzter.com

Try GOLD - Free

To win monopoly fight, Meta is touting a rival: TikTok

Mint Bangalore

|

May 06, 2025

Meta Chief Executive Mark Zuckerberg said Instagram and Facebook have become more like TikTok

- Dave Michaels

Weeks into an antitrust trial that threatens the future of Meta Platforms' social-media empire, the company's best bet for a court victory might lie with one of its rivals: TikTok.

The Federal Trade Commission is seeking to break up Meta, alleging that it wields an illegal monopoly originally built more than a decade ago through Facebook's acquisitions of Instagram and WhatsApp.

To prevail, the agency needs to show not only that Meta engaged in unlawful monopolization, but also that its dominance hasn't waned since.

That is where TikTok comes in.

The FTC has been methodically presenting evidence to support its claim that Meta has muscled out most competition in the market for consumers who use social media to connect with friends and family.

Meta has sought to undercut that claim by arguing that the social-media marketplace has evolved into a form of entertainment and news.

In today's world, Meta says, TikTok's short-form video platform is a formidable rival.

That position has scored some points.

Under questioning Wednesday from a Meta lawyer, a senior TikTok executive testified that his company isn't like Instagram and Facebook.

"We are an app and we have social features, but I don't think of us as a social app," said Adam Presser, TikTok's head of operations.

Meta's lawyers then highlighted a series of internal TikTok analyses that muddied the waters.

MORE STORIES FROM Mint Bangalore

Mint Bangalore

Mint Bangalore

INSIDE INDIAMART'S FIGHT FOR AI VISIBILITY

Sidelined by bots in the age of AI search, IndiaMART is fighting a legal battle to be discoverable online

time to read

7 mins

March 11, 2026

Mint Bangalore

Mint Bangalore

Airlines reviewing growth plans as war triggers fuel surges

US president insists operation was ahead of schedule, looks to shore up investors concerned about energy prices

time to read

2 mins

March 11, 2026

Mint Bangalore

Mint Bangalore

India relaxes curbs on Chinese FDI, but no board seat, management role

FROM PAGE 1

time to read

2 mins

March 11, 2026

Mint Bangalore

Mint Bangalore

War fuels surge in crude derivative trading on MCX

Traders have piled into crude oil derivatives on the Multi Commodity Exchange (MCX) as the Iran-US war triggered sharp swings in global oil prices, pushing trading volumes to nearly three times pre-war levels.

time to read

2 mins

March 11, 2026

Mint Bangalore

Fertility on ice: The financial reality of egg freezing plans

Experts advise setting aside ₹3-5 lakh and consider egg freezing as a mid-term financial goal

time to read

5 mins

March 11, 2026

Mint Bangalore

Subsidy raj: Why an ancient grain dole should haunt us

In 123 BCE, Gaius Gracchus passed the lex frumentaria, a law mandating that the Roman state sell grain to citizens at a fixed below-market price.

time to read

3 mins

March 11, 2026

Mint Bangalore

Sonata files bankruptcy plea in the US against retail client

Sonata Software Ltd has filed an involuntary bankruptcy petition in a US court against a retail client over unpaid dues of about $10.65 million, an amount equivalent to roughly 6.6% of the company’s incremental revenue last fiscal.

time to read

2 mins

March 11, 2026

Mint Bangalore

Mint Bangalore

Refiners raise LPG output by 10%, tie up supply from US

Indian refiners have ramped up daily domestic production of liquefied petroleum gas (LPG) by around 10% in the past few days in the face of a supply squeeze from the US-Iran war, two people aware of the development said.

time to read

1 min

March 11, 2026

Mint Bangalore

India relaxes curbs on FDI from China

Automatic nod for up to 10%; quick clearance in specific sectors

time to read

1 min

March 11, 2026

Mint Bangalore

Mint Bangalore

More farmers may seek MSP for wheat as record output looms

A looming record harvest and the war in West Asia are likely to spur more wheat farmers to seek higher support prices via government procurement as the staple fetches 15% lower than last year in the open market, according to farmers, government officials and experts.

time to read

1 mins

March 11, 2026

Listen

Translate

Share

-
+

Change font size