FTC's 2nd Round Facebook Win A Warning To Other Acquirers

By Bryan Koenig (January 13, 2022, 8:06 PM EST) -- The Federal Trade Commission has a new roadmap for its antitrust case accusing Facebook of illegally maintaining a monopoly over personal social networking, after a D.C. federal judge said the agency's amended complaint plausibly backs claims of the social media giant's market dominance.

U.S. District Judge James E. Boasberg's rejection of Facebook's dismissal bid is a major milestone for the case, in which the FTC accuses Facebook of acquiring Instagram and WhatsApp as part of a pattern to maintain its monopoly position. But the ruling is also a warning to other companies that closed deals long ago that enforcers now might...

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