Facebook is asking the federal court to dismiss a revised complaint filed against it by the Federal Trade Commission
Facebook is asking the federal court to dismiss an amended complaint against it by the Federal Trade Commission, arguing that the agency has not provided enough evidence to show that the company is a monopoly.
A federal judge in June dismissed earlier antitrust lawsuits brought by the agency against Facebook and a broad coalition of state attorney generals that have been accused by several federal and state regulators of reining in the tech titans’ market power. were among the efforts.
The FTC’s new, revised complaint, filed in August, alleges that the social network giant adopted a laser-focused strategy to “buy or bury” rivals in order to suppress competition.
US District Judge James Bosberg ruled in June that the FTC’s original lawsuit was “legally inadequate” and did not provide sufficient evidence to prove that Facebook was a monopoly. He outrightly rejected the separate complaint of the states.
But his decision only dismissed the FTC’s complaint, not the case, giving the agency an opportunity to file an amended complaint. In the new filing, the FTC conducted a detailed analysis to substantiate its claim of monopoly power.
The complaint said, “obvious evidence including historical events and market realities” corroborate the allegation. The harm to consumers from lack of competition is “particularly severe,” it says.
The FTC did not comment on Facebook’s proposal to dismiss.
Associated Press Writer Marcy Gordon in Washington contributed to this story.