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The Independent UK
The Independent UK
World
Ariana Baio

Zuckerberg reportedly cozied up to Trump so he could settle his FTC lawsuit for $450m instead of $30bn

FTC Donald Trump Mark Zuckerberg Meta Lawsuit Andrew Ferguson Instagram Lina Khan WhatsApp Facebook

Mark Zuckerberg, the CEO of Meta, reportedly hoped to avoid an antitrust lawsuit trial by offering to settle with the Federal Trade Commission for $450 million rather than $30 billion - and wanted his ally President Donald Trump to help.

In March, the Facebook founder called the head of the FTC to see if he could work out a deal to avoid a trial over what the FTC alleges was a breach of antitrust laws when it acquired Instagram and WhatsApp, according to a Wall Street Journal report.

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