A lawsuit was filed against Meta on the grounds of monopoly

A new one is being added to the lawsuits filed against Meta or Facebook with the old name we are used to. The Federal Trade Commission sued Meta over the latter, claiming that the company had monopolized it by purchasing competitors.

The Federal Trade Commission, citing Meta, formerly Facebook’s violation of the United States’ anti-trust laws, has once again dismissed the company. suing. The institution whose purpose is to protect consumer rights and the competitive environment; Meta’s Instagram and WhatsApp removal from the company demands.

The Federal Trade Commission made a similar attempt before, suing Meta; However lack of evidence This initiative was rejected in June. The federal judge, who once again evaluated the files submitted by the institution after the renewal, this time the files is sufficient to proceed to the next stage of the litigation. decided on.

Judge rejects Meta’s motion to dismiss

Meta systematically buys out its competitors and step by step monopolize In the lawsuit filed by the defending commission, Meta’s acquisition of Instagram in 2012 and WhatsApp in 2014 is cited as an example. With the lawsuit, the commission aims to get these companies out of Meta’s hands.

Meta’s share value for the first time since the first lawsuit filed this summer was dismissed 1 million dollarsI had passed. But this time things seem to be a little different. In a written statement by federal judge James Boaberg, who accepted the case on Tuesday after reviewing the renewed documents.“Contrary to the previous filing, this complaint is clear and specific about Facebook’s market dominance during the period in question. strong claims reveals” statements were included.

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In addition, Boasberg states that the Federal Trade Commission has a long way to go before the allegations can be substantiated. On the other hand, Meta said that Commission Chairman Lina Khan was biased against the company. request for dismissal was rejected by the judge.


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