As ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/meta-platforms” target=”_blank”>Meta Platforms battles the US Federal Trade Commission (FTC) in a closely watched ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/antitrust-trial” target=”_blank”>antitrust trial, a Wall Street Journal (WSJ) report has revealed that chief executive officer ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/news/mark-zuckerberg”>Mark Zuckerberg had offered up to $1 billion to settle the case earlier this year.
The report added that in March, Zuckerberg reportedly approached FTC chairman Andrew Ferguson with an initial offer of $450 million. As the trial date neared, that offer was increased to $1 billion.
However, the FTC rejected both proposals, with Ferguson said to be holding out for a minimum of…
