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In It to Win It

(8,143 posts)
Mon Jun 28, 2021, 03:24 PM Jun 2021

Federal court dismisses FTC's antitrust case against Facebook

CNBC

A federal court on Monday dismissed the Federal Trade Commission’s antitrust complaint against Facebook, dealing a major setback for the agency’s complaint that could have resulted in Facebook divesting Instagram and WhatsApp.

“Although the Court does not agree with all of Facebook’s contentions here, it ultimately concurs that the agency’s Complaint is legally insufficient and must therefore be dismissed,” reads the filing from U.S. District Court for the District of Columbia. “The FTC has failed to plead enough facts to plausibly establish a necessary element of all of its Section 2 claims -- namely, that Facebook has monopoly power in the market for Personal Social Networking (PSN) Services.”

The court dismissed the complaint, not the case, meaning the FTC could file its complaint once again.

In the filing, the court states that the FTC did not prove Facebook maintains a monopoly.

“The Court agrees that the first — the possession of monopoly power in the market for Personal Social Networking Services (as defined by the agency) — is not adequately pleaded here,” the filing reads. “No more is needed to conclude that the Complaint must be dismissed.”
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Federal court dismisses FTC's antitrust case against Facebook (Original Post) In It to Win It Jun 2021 OP
The court dismissed the complaint, not the case, meaning the FTC could file its complaint once again Hugh_Lebowski Jun 2021 #1
I just realized I ended up copying the wrong headline In It to Win It Jun 2021 #3
So now a monopoly can only be when there is KPN Jun 2021 #2
Shocking how easy it is for huge companies to avoid litigation RANDYWILDMAN Jun 2021 #4
 

Hugh_Lebowski

(33,643 posts)
1. The court dismissed the complaint, not the case, meaning the FTC could file its complaint once again
Mon Jun 28, 2021, 03:29 PM
Jun 2021

From the article ...

In It to Win It

(8,143 posts)
3. I just realized I ended up copying the wrong headline
Mon Jun 28, 2021, 04:23 PM
Jun 2021

I had this article twice in my news feed. The headline I copied was from a source with a paywall so I chose the CNBC article without paywall but missed replacing the headline

KPN

(15,587 posts)
2. So now a monopoly can only be when there is
Mon Jun 28, 2021, 03:30 PM
Jun 2021

a sheer and total absence of any alternative however inefficient or ineffective that option is? Has there ever been a complete monopoly?

This is another one of those “money is speech”, “corporations are people” decisions.

RANDYWILDMAN

(2,645 posts)
4. Shocking how easy it is for huge companies to avoid litigation
Mon Jun 28, 2021, 04:31 PM
Jun 2021

buying their way out trouble time after stinking time.

Two systems of justice...

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