Meta CEO Mark Zuckerberg takes witness stand in FTC case - SFGATE

FILE - Mark Zuckerberg speaks astatine Georgetown University, connected Oct. 17, 2019, successful Washington. Zuckerberg, the CEO of Facebook genitor institution Meta Platforms Inc., took the witnesser basal Tuesday, Dec. 20, 2022, successful the FTC’s lawsuit trying to halt the tech elephantine from buying a virtual world startup.Nick Wass/AP

SAN JOSE, California (AP) — Mark Zuckerberg, the CEO of Facebook genitor institution Meta, took the witnesser basal Tuesday successful the FTC’s effort to halt the tech elephantine from buying a virtual world startup.

At contented is whether Meta’s acquisition of the tiny institution that makes a VR fittingness app called Supernatural volition wounded contention successful the emerging virtual world market. If the woody is allowed to spell through, the Federal Trade Commission argues, it would interruption antitrust laws and dampen innovation, hurting consumers who whitethorn look higher prices and less options extracurricular platforms controlled by Meta Platforms Inc.