WSJ: Zuckerberg Offered $1B to Settle Antitrust Case

WSJ: Zuckerberg Offered $1B to Settle Antitrust Case

WSJ: Zuckerberg Offered $1B to Settle Antitrust Case

In the days ahead of an antitrust trial he was trying to avoid, Meta CEO Mark Zuckerberg offered $1 billion to the Federal Trade Commission — up from $450 million — to settle the case that centered on Meta’s acquisitions of Instagram and WhatsApp, The Wall Street Journal reported Tuesday.

The FTC, however, was seeking $30 billion and wouldn’t take anything less than $18 billion and a consent decree, the Journal reported.

In the negotiations to end the case, Zuckerberg told FTC Chair Andrew Ferguson that he was confident that President Donald Trump would support him with the FTC, the Journal reported. Further, Zuckerberg had been pressing Trump to intervene in the monopoly lawsuit, according to the report.

Read more at Newsmax© 2025 Newsmax. All rights reserved.

Blogs

Fanboy Expo July 11th-13th- Knoxville Convention Center

Fanboy Expo July 11th-13th- Knoxville Convention Center

Don’t miss Tennessee’s Largest Pop Culture Event, Fanboy Expo on July 11th-13th, 2025 at the Knoxville Convention Center. Come see why over 30,000 fans have attended our Summer events featuring Celebrity Guests, Comic Industry Pros, Cosplay, Vendors, Live Entertainment and much more!

Painting with a Purpose! (with McLain’s Painting Service)

Painting with a Purpose! (with McLain’s Painting Service)

Update: Congratulations to Childhelp Tennessee (Knoxville Services)! They have won a fresh coat of paint up $10,000 from Sherman Williams and McLain’s Painting! Thanks to all those who nominated their favorite Non-profits as yet again it was an extremely tough decision with many great candidates! Painting of the Childhelp Knoxville location will take place on July 19th by McLain’s Painting.

There is no custom code to display.

Headlines