Meta founder Mark Zuckerberg offered FTC nearly $1 billion to avoid antitrust trial

Mark Zuckerberg sat for a third day of testimony on Wednesday in an antitrust case brought against his company.

The FTC is attempting to force Meta to sell off Instagram and WhatsApp over what the government has said are Meta ’s anticompetitive business practices.

Zuckerberg called the head of the FTC , Chairman Andrew Ferguson , in March to try to settle the case out of court.

Zuckerberg initially offered the agency $450 million , but later increased that offer to nearly $1 billion .