By Jody Godoy WASHINGTON (Reuters) -Facebook parent Meta Platforms bought up nascent rivals Instagram and WhatsApp after its attempts to compete had failed, an attorney for the U.S. Federal Trade Commission said at the beginning of a high-stakes trial in Washington on Monday,

The trial between the US Federal Trade Commission and Meta began this week—and the future of the company is at stake. The FTC wants Meta to sell off two prized assets, Instagram and WhatsApp, arguing that it acquired them illegally to suppress competition.