Facebook wins first antitrust battle: The FTC and state enforcers fail to establish (for now) Facebook’s monopoly on social media networks (with update)
Click here to read the full article onlineThis week, the judge hearing the cases agreed to dismiss the claims from the FTC––without prejudice––stating that the lawsuit failed to plead enough facts to plausibly establish that Facebook has monopoly power in the personal social networking services market. Likewise, the Court also dismissed ––with prejudice––a similar case pursued by a group of 48 states on the basis that any alleged violations took place too long ago.