The Damage Report
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Zuckerberg CLOWNED After Trump Corruption Backfires
Posted
April 18, 2025
Views
85,297
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4,800
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April 18, 2025
85,297
4,800
379
6.07%
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12:59Now PlayingMeta CEO Mark Zuckerberg reportedly tried to avoid an antitrust trial by offering the FTC a $450 million settlement—far less than the $30 billion sought—and sought help from his ally, President Donald Trump. John Iadarola and Brett Erlich break it down on The Damage Report. Leave a comment with your thoughts below!
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"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.
Zuckerberg reportedly offered $450 million, though the FTC wanted $30 billion.
Having met with Trump at Mar-a-Lago in November, donating $1 million to Trump’s inaugural fund and axing policies at Meta that did not align with Trump’s agenda, Zuckerberg was hopeful Trump would support the company’s offer."
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