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5th October 2021, 08:34 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 153,541
| Facebook asks judge to dismiss FTC antitrust charges... again Facebook is once again asking a federal judge to dismiss the Federal Trade Commission’s antitrust suit against the social network. In a new filing, the company argued that the government “still has no factual basis for alleging monopoly power.” The FTC originally filed antitrust charges against the company last December. A judge dismissed that complaint in June, saying the government’s case was “legally insufficient,” but gave the FTC a chance to refile. The FTC filed a new complaint in August. The amended complaint relied on the same arguments but was more detailed than the initial suit. In it, the government argued that Facebook used its acquisitions of WhatsApp and Instagram to quash rivals it viewed as an “existential threat.” https://www.engadget.com/facebook-as...3.html?src=rss |
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