Facebook Can't Shake Virtual Currency Co.'s Monopoly Suit

Law360, New York (September 27, 2013, 4:06 PM EDT) -- A Delaware federal judge refused Friday to toss antitrust claims Facebook Inc. is facing from an online currency and payment processing provider, upholding Kickflip Inc.'s accusations that Facebook banned it and tarnished its name in a plot to monopolize the virtual-currency market.

U.S. District Judge Leonard P. Stark rejected Facebook's argument that Kickflip — better known as Gambit, a payment processor for developers of games played on Facebook and other social media sites — was banished from its website after violating Facebook's privacy and advertising rules....
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