Advertisers Lose Class Bid In Facebook Antitrust Suit

Law360, New York (April 13, 2012, 8:52 PM EDT) -- A California federal judge Friday denied a class certification bid by a group of online advertisers in an antitrust suit against Facebook Inc., ruling that the proposed class representatives have not shown they suffered from any of the alleged violations.

Lead plaintiffs Steven Price and Nathan Fox, who used the social media site to advertise their businesses, accused Facebook of charging them for cost-per-click, or CPC, advertising, even when the clicks did not result in any benefit to their companies. Facebook's alleged conduct represented a breach...
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