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Fortune
Fortune
Beatrice Nolan

Instagram cofounder Kevin Systrom skewers Mark Zuckerberg, saying Meta starved his business after buying it for $1 billion over a decade ago

Mark Zuckerberg can be seen through a car window. (Credit: Kent Nishimura—Bloomberg via Getty Images)
  • Instagram cofounder Kevin Systrom testified that Mark Zuckerberg saw Instagram as a threat to Facebook's dominance and starved the app of resources and support after acquiring it. The testimony is part of the FTC's landmark case against Meta that argues the company sought to cement an unlawful social media monopoly in part through its acquisition of Instagram.

Mark Zuckerberg came to see Instagram's growth as a "threat" to Facebook’s dominance, Instagram cofounder Kevin Systrom has testified during the Federal Trade Commission’s landmark antitrust case against Meta.

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