Facebook is once again asking a federal judge to dismiss the Federal Trade Commission’s antitrust go well with in opposition to the social community. In a brand new submitting, the company argued that the federal government “still has no factual basis for alleging monopoly power.”
The FTC initially filed antitrust expenses in opposition to the company final December. A judge dismissed that grievance in June, saying the federal government’s case was “legally insufficient,” however gave the FTC an opportunity to refile. The FTC filed a brand new grievance in August. The amended grievance relied on the identical arguments however was extra detailed than the preliminary go well with. In it, the federal government argued that Facebook used its acquisitions of WhatsApp and Instagram to quash rivals it seen as an “existential threat.”
“The complaint alleges that after repeated failed attempts to develop innovative mobile features for its network, Facebook instead resorted to an illegal buy-or-bury scheme to maintain its dominance,” the FTC wrote in an announcement on the time. “Lacking serious competition, Facebook has been able to hone a surveillance-based advertising model and impose ever-increasing burdens on its users.”
The judge has till November seventeenth to reply. Even if Facebook is profitable in getting the brand new FTC go well with dismissed, the company continues to be going through quite a few different investigations into its insurance policies and practices. European regulators have additionally opened an antitrust probe into the social community, and the UK’s competitors watchdog can also be reportedly investigating the company.Meanwhile, within the US, Facebook continues to be reeling from the fallout of a whistleblower who has supplied 1000’s of paperwork to Congress and the Securities and Exchange Commission, which she says show the company “chooses profit over safety.” The whistleblower, former product supervisor Frances Haugen, is scheduled to testify at a Senate Commerce Committee listening to Tuesday morning.
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