“We are committed to cooperating with the U.S. Federal Trade Commission’s inquiry and answering the questions the agency may have,” the social media company said in a statement.
(The board) may simply act as a smokescreen behind which Facebook's executives will maintain ultimate control over its content moderation decision-making process.
The members said the board's powers, as defined by its charter, limit it to merely enforcing current content policies the company has adopted.
Using the exchanges, lawmakers got Zuckerberg to acknowledge that he saw photo-sharing app Instagram and messaging app WhatsApp as competitors when Facebook acquired them.
the American way: we started with nothing and provided better products that people find valuable.
He added that the company competes as "vigorously as we can within the rules." Also testifying are the CEOs of Amazon.com Inc, Alphabet Inc's Google and Apple Inc.
The announcement, which came in the form of a letter to employees, appeared aimed at quelling anger inside the company that was so severe it prompted some to quit.