A federal judge ruled on Tuesday that the U.S. Federal Trade Commission (FTC) can proceed with an antitrust lawsuit against Meta, formerly known as Facebook, after dismissing the case in June last year. District of Columbia Judge James Boasberg said in a memorandum opinion that the FTC’s first complaint had “stumbled out of the starting blocks,” noting that the court had concluded last year that the commission had failed to plausibly allege “that Facebook has monopoly power in the market for Personal Social Networking (PSN) services.” However, the court had in 2021 “left the door open” for the agency to amend the complaint and reinstate its suit, which it did. “Eagerly accepting such invitation, the FTC has filed an amended complaint containing significant additions and revisions aimed at addressing the shortcomings identified in the Court’s prior opinion,” Judge Boasberg, an Obama appointee, said on Tuesday. That revised version, Boasberg said, makes the same arguments as the prior suit but …
Judge Rules Federal Trade Commission Can Proceed With Antitrust Lawsuit Against Meta
January 12, 2022
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