Connect with us

Hi, what are you looking for?

HorizonLifeTime.comHorizonLifeTime.com

Tech News

Meta asks court to dismiss FTC’s monopoly claims

Photo collage of Mark Zuckerberg.
Image: The Verge | Photo: Bloomberg via Getty Images

Meta is asking a federal court to dispense with the Federal Trade Commission’s anti-monopoly lawsuit against it, arguing it’s failed to unearth evidence to support its claims.

In a motion for summary judgment filed Friday, Meta argues that the lawsuit should be thrown out because the company believes the FTC won’t be able to prove what it claims is the relevant market in the case or that its acquisitions of Instagram and WhatsApp harmed consumers. The FTC will get a chance to respond, and there will be back-and-forth in court filings before the judge decides how to proceed. A ruling in Meta’s favor could mark the end of the lawsuit, but if the court determines there are still issues of fact that need to be resolved, the judge could set a…

Continue reading…







    Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.




    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Investing

    Quickly coordinate e-business applications through revolutionary catalysts for change. Seamlessly underwhelm optimal testing procedures processes.

    Investing

    Collaboratively administrate turnkey channels whereas virtual e-tailers. Objectively seize scalable metrics whereas proactive e-services.

    Editor's Pick

    Jeffrey Miron and Jacob Winter Occupational licensing — for doctors, lawyers, plumbers, barbers, and innumerable other trades — claims to improve service quality. Much...

    World News

    More units of public debt mean weaker productive growth, higher taxes, and more inflation in the future. All three are manifestations of a slow-burn...