Tech

Federal judge dismisses FTC antitrust proceedings against Facebook

The Federal Trade Commission’s antitrust allegations against Facebook were thrown by a federal judge on Monday afternoon.

The FTC has one month to submit the amended compliance to proceed with the proceedings. District Judge James E. Bosburg of Washington, DC, accused the authorities of the first proceeding as “ambiguous” and “too speculative.”

FTC complaints, Submitted in December on the same day that 46 states used Facebook in another proceeding, Blame the company for “illegal monopoly” due to “long-standing anti-competitive behavior”.

This development is an early challenge for the recently identified FTC chair and Big Tech’s enemy, Lina Khan.

Facebook and FTC did not immediately respond to requests for comment.

Protesters will be demonstrating to Facebook.
This development is an early challenge for the recently identified FTC chair and Big Tech’s enemy, Lina Khan.
Getty Images

Federal judge dismisses FTC antitrust proceedings against Facebook

Source link Federal judge dismisses FTC antitrust proceedings against Facebook

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