During today’s testimony to a Congressional antitrust panel, Mark Zuckerberg strayed a bit from the script – at least the script we’d expect – highlighting how far behind Facebook Inc. is on a number. from competitors, including Alphabet Inc., Amazon.com Inc. and Apple Inc.
Zuckerberg isn’t shy about using sharp elbows, pointing out that Amazon is the fastest growing advertising platform and Google is the biggest.
“In many areas, we are behind our competition,” Zuckerberg said. “The most popular email service in the United States is iMessage. The fastest growing app is TikTok. The most popular application for video is YouTube. The fastest growing advertising platform is Amazon. The biggest advertising platform is Google. And for every dollar spent on advertising. in the United States, less than ten cents are spent with us. ”
That’s why the leaders probably preferred to show up immediately – it allows them to spread the burden. The antitrust case against Google and Facebook is much stronger than the one against Apple, for example.
(Except for the title, this story was not edited by NDTV staff and is posted from a syndicated feed.)