Federal judge ruled suits by FTC and state attorneys general didn’t provide enough evidence to prove Facebook was a monopoly
In a significant blow to US regulators’ attempt to rein in big tech, a federal judge has dismissed lawsuits brought against Facebook by the Federal Trade Commission and a broad coalition of state attorneys general.
The US government and 48 states and districts sued Facebook in December 2020, accusing the tech company of abusing its market power in social networking to crush smaller competitors and seeking remedies that could include a forced spin-off of the social network’s Instagram and WhatsApp messaging services.
