Facebook asks court to dismiss FTC’s amended antitrust complaint

The social network is accused of engaging in illegal behavior to maintain monopoly power.

Facebook on Monday filed a motion to dismiss the Federal Trade Commission’s amended antitrust complaint against the social network. The FTC’s amended complaint is focused on the social media giant’s acquisitions of Instagram and WhatsApp. It accused Facebook of unlawfully maintaining its dominance by acquiring or eliminating companies it sees as competitive threats.

“The case is entirely without legal or factual support,” Facebook said in its filing with the US District Court for the District of Columbia. “This is as true now as it was before.” 

Read Full Story


Leave a Reply

Your email address will not be published. Required fields are marked *