The Federal Trade Commission wrapped up its case Thursday for breaking up Meta Platforms Inc. as an illegal social-media monopoly, with the company now set to lay out its defense in the ongoing antitrust trial.

Rather than enshittification, what Meta did to Instagram could be considered "a consumer-welfare bonanza," Meta argued, while dismissing "smoking gun" emails from Mark Zuckerberg discussing buying Instagram to bury it as "legally irrelevant."

Facebook parent company Meta Platforms asked a federal judge on Thursday to throw out the U.S. Federal Trade Commission's case accusing it of an illegal social media monopoly, saying the agency failed to prove its case at a high-stakes antitrust trial.