Facebook asks court to dismiss FTC antitrust complaint

Facebook asks court to dismiss FTC antitrust complaint

2 years ago
Anonymous $dRhNkMsRKr

https://apnews.com/4533fd62e9dea3c7c858f46ac4bc7026

Facebook is asking a federal court to dismiss a revised complaint against it by the Federal Trade Commission, arguing that the agency has not provided enough evidence to show that the company is a monopoly.

In a motion filed Monday in U.S. District Court for the District of Columbia, Facebook said the FTC failed to prove that it has a monopoly in the “personal social networking space” because no reliable data exists to show the size of the market or of Facebook’s share of it.

Facebook asks court to dismiss FTC antitrust complaint

Oct 4, 2021, 9:49pm UTC
https://apnews.com/4533fd62e9dea3c7c858f46ac4bc7026 > Facebook is asking a federal court to dismiss a revised complaint against it by the Federal Trade Commission, arguing that the agency has not provided enough evidence to show that the company is a monopoly. > In a motion filed Monday in U.S. District Court for the District of Columbia, Facebook said the FTC failed to prove that it has a monopoly in the “personal social networking space” because no reliable data exists to show the size of the market or of Facebook’s share of it.