At the time, it probably looks like obvious that instegram would have the scale that it has to day. It was not a guarantee that instegraham was going to succeed. This is exactly the type of anti competitive acquisition that the anti trust laws were designed to prevent. Inclosing, mister chairman, i want to end where i began, face book, by mister sokeberg's own admission, and by the document we have from the time, face book sow inste gram as a threat that could potentially ciphen business away from face book. And so rather than compete with it, face book bought it....
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