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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsFederal court dismisses FTC's antitrust case against Facebook
CNBCA federal court on Monday dismissed the Federal Trade Commissions antitrust complaint against Facebook, dealing a major setback for the agencys complaint that could have resulted in Facebook divesting Instagram and WhatsApp.
Although the Court does not agree with all of Facebooks contentions here, it ultimately concurs that the agencys 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.
Although the Court does not agree with all of Facebooks contentions here, it ultimately concurs that the agencys 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
Hugh_Lebowski
(33,643 posts)1. The court dismissed the complaint, not the case, meaning the FTC could file its complaint once again
From the article ...
In It to Win It
(8,143 posts)3. I just realized I ended up copying the wrong headline
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
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
buying their way out trouble time after stinking time.
Two systems of justice...