Tag: relies

The Facebook Antitrust Case Relies So Heavily On Mark Zuckerberg’s Emails
BUSINESS

The Facebook Antitrust Case Relies So Heavily On Mark Zuckerberg’s Emails

Facebook CEO Mark Zuckerberg’s own words play a starring role in the government’s case to break up his social network. “It is better to buy than compete,” he allegedly wrote in an email in 2008, according to the lawsuit. Four years later, after Facebook purchased what he had called a “very disruptive” photo-sharing app, he celebrated by explaining to a colleague in another email: “Instagram was our threat. … One thing about startups though is you can often acquire them.” As an antitrust professor preparing a new spring course called “Antitrust for Big Tech,” I read the FTC’s Dec. 9 complaint with great interest. I have taught my students for years that internal documents can come back to haunt antitrust defendants. But I have never seen a plaintiff’s case rely so heavily on a CEO’s own w...