FTC files new antitrust complaint against Facebook

Politico: FTC sues Facebook for antitrust violations again

The Federal Trade Commission has filed a new antitrust complaint against Facebook, rebooting a high-stakes case to break up the social media giant after a federal judge tossed the agency’s original complaint in June.Read more here.The post Politico: FTC sues Facebook for antitrust violations again appeared first on KyivPost.

FTC says Facebook 'bought and buried' rivals in renewed antitrust fight - ET Telecom

The FTC voted 3-2 along party lines to file the amended lawsuit and denied Facebook's request that agency head Lina Khan be recused. Khan participated..

Feds Hit Facebook With Amended Antitrust Suit After First One Tossed

The Federal Trade Commission on Thursday filed an amended complaint against Facebook in a reboot of an earlier lawsuit charging the world’s largest social media platform of using anti-competitive tactics “that helped cement its monopoly.” The amended complaint was filed in the U.S. District Court for the District of Columbia. That court tossed out the […]

Facebook ‘bought & buried’ rivals because it lacks ‘talent’ to compete fairly, FTC claims in revived antitrust suit

The US Federal Trade Commission (FTC) has slapped Facebook with an antitrust suit, arguing the firm has become a “monopoly” that buys up rival companies when it can’t compete “fairly” in order to retain market dominance.

FTC Refiles Lawsuit Against Facebook

The Federal Trade Commission has refiled its lawsuit against Facebook, arguing that the social media giant is a monopoly. The refiling comes after a federal court judge dismissed the FTC’s complaint in June. The FTC and attorney generals from 48 states argued in their original complaint that Facebook deliberately sabotaged attempts to prevent a monopoly during its acquisition of Instagram in 2012 and WhatsApp in 2014. The court originally held t…

Govt sharpens antitrust attack against Facebook with filing

WASHINGTON (AP) — Federal regulators have sharpened their antitrust attack against Facebook. They are alleging in a revised complaint that the social network giant pursued a laser-focused strategy to “buy or bury” innovative rivals to suppress competition. It is the second try by the Federal Trade Commission. A federal judge in June dismissed antitrust lawsuits brought against Facebook by the agency and a broad coalition of state attorneys gener…