Currency Co. Defends Standing In Facebook Antitrust Suit

Law360, Chicago (January 15, 2014, 6:43 PM EST) -- Kickflip Inc. on Tuesday urged a Delaware federal judge to allow its antitrust suit against Facebook Inc. to proceed, arguing it still has standing to pursue the case despite having divested the virtual currency portion of its business that was allegedly harmed by Facebook’s anti-competitive behavior.

In a brief opposing Facebook’s bid for summary judgment, Kickflip argued that any assignment of antitrust claims must be express, rather than general. When Kickflip divested its Gambit business — a payment processor for developers of games played on Facebook...
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