FTC urges courts not to dismiss Facebook antitrust case

FTC urges courts not to dismiss Facebook antitrust case

3 years ago
Anonymous $4BDEsVAtYS

https://arstechnica.com/tech-policy/2021/04/ftc-urges-courts-not-to-dismiss-facebook-antitrust-case/

The Federal Trade Commission on Wednesday urged a federal judge in DC to reject Facebook's request to dismiss the FTC's high-stakes antitrust lawsuit. In a 56-page legal brief, the FTC reiterated its arguments that Facebook's profits have come from years of anticompetitive conduct.

"Facebook is one of the largest and most profitable companies in the history of the world," the FTC wrote. "Facebook reaps massive profits from its [social networking] monopoly, not by offering a superior or more innovative product because it has, for nearly a decade, taken anticompetitive actions to neutralize, hinder, or deter would-be competitors."

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