Essayer OR - Gratuit

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.

PLUS D'HISTOIRES DE Mint Bangalore

Mint Bangalore

China escalates US trade fight with curbs on shipping

China sanctioned the US units of a South Korean shipping giant and threatened further retaliatory measures on the industry, the latest in a series of tit-for-tat moves as Beijing and Wash-

time to read

1 min

October 15, 2025

Mint Bangalore

Rupee falls 12p to revisit all-time low

The rupee depreciated 12 paise to revisit all-time low of 88.80 (provisional) against the US dollar on Tuesday, weighed down by negative domestic equities and overnight gains in the American currency.

time to read

1 min

October 15, 2025

Mint Bangalore

Neither lawyers nor engineers run India and that’s fine

In his book, Breakneck: China’s Quest to Engineer the Future, Dan Wang describes two distinct approaches to development.

time to read

3 mins

October 15, 2025

Mint Bangalore

Mint Bangalore

China’s K visa faces a backlash: It made its debut at a bad time

Local job-seekers are worried about the tech sector’s hiring slump

time to read

3 mins

October 15, 2025

Mint Bangalore

Price-conscious investors drive IPO successes this year

LG Electronics India Ltd's largest listing gain among major public floats since 2019 underscores a vital truth: attractive pricing and strategic campaigning are essential for companies seeking to raise capital in the world’s fourth-largest market for initial public offerings by volume.

time to read

2 mins

October 15, 2025

Mint Bangalore

Mint Bangalore

Roche moves SC against Natco over Risdiplam sale in India

Swiss drugmaker Roche has moved the Supreme Court, seeking to restrain Natco Pharma from selling the generic version of its lifesaving spinal muscular atrophy (SMA) drug Risdiplam in India.

time to read

1 mins

October 15, 2025

Mint Bangalore

Enact a unified framework of law for climate action

India has set ambitious climate goals, but lacks a critical piece: the institutional and financial architecture to achieve them.

time to read

3 mins

October 15, 2025

Mint Bangalore

Mint Bangalore

'Sunjay Kapur's will refers to him as she'

Mahesh Jethmalani, senior counsel representing Samaira Kapoor and Kiaan Raj Kapoor, children of Bollywood actress Karisma Kapoor, who is the former wife of the late Sona Comstar chief Sunjay Kapur, alleged in the Delhi High Court on Tuesday that Kapur’s will was a forgery as it referred to the testator—the person who made the will—as female as many as four times.

time to read

2 mins

October 15, 2025

Mint Bangalore

Mint Bangalore

Foxconn to ramp up local component mfg in India

The Taiwanese contract manufacturer has committed $11.5 bn to India over the past decade

time to read

2 mins

October 15, 2025

Mint Bangalore

India-EU free trade agreement likely by December

Indian exporters will soon get duty-free access to Europe's $25-trillion economy

time to read

1 min

October 15, 2025

Listen

Translate

Share

-
+

Change font size