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Facebook cleared of two antitrust cases
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Facebook cleared of two antitrust cases
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30th June 2021, 09:08
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,575
 |  Facebook cleared of two antitrust cases Charges too vague A US federal court has dismissed two separate antitrust lawsuits filed against Facebook. Judge James Boasberg ruled that the Federal Trade Commission (FTC) ’s antitrust complaint against the social networking giant was too vague. Another separate anti-competition lawsuit filed by a coalition of states was thrown out because the alleged violations occurred too long ago. Boasberg wrote that the FTC’s complaint was “legally insufficient” and had to be dismissed because the FTC had “failed to plead enough facts” to back up its claim that Facebook was stifling competition. The FTC’s lawsuit had requested that the technology giant, which also owns Instagram and WhatsApp, be broken up. Boasberg wrote that the FTC’s complaint says almost nothing concrete on the key question of how much power Facebook actually had, and still has, in a properly defined anti-trust product market. “It is almost as if the agency expects the court to simply nod to the conventional wisdom that Facebook is a monopolist.” https://fudzilla.com/news/53134-face...ti-trust-cases |
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