Facebook CEO Mark Zuckerberg was confronted Wednesday about internal company emails he sent in 2012 about buying Instagram. The emails were acquired by the House Judiciary Committee as part of its antitrust investigation into large technology companies.
In one email, Zuckerberg said Instagram could be “very disruptive” to Facebook. An email from Facebook’s chief financial officer referenced neutralizing a potential competitor, which Zuckerberg replied was part of the motivation.
Rep. Jerry Nadler said the emails showed Facebook viewed Instagram as a threat and, rather than compete with it, his company bought it.
In response, Zuckerberg did not deny he viewed Instagram as a threat, but pointed out that the deal was approved by the FTC at the time.