Facebook Hit by New U.S. Antitrust Case

U.S. antitrust officials on Thursday refiled their monopoly lawsuit against Facebook Inc., seeking to salvage the landmark case that a judge threw out in June.

The Federal Trade Commission filed the new complaint in federal court in Washington, alleging that Facebook violated antitrust laws by buying Instagram and WhatsApp in order to eliminate them as competitors. . .

The agency is trying to revive the case after U.S. District Judge James Boasberg in June dismissed it, saying the agency failed to provide enough detail to support its claim that Facebook has a monopoly in the social-media market. Boasberg had given the FTC 30 days to fix the error and refile, and the commission won an extension until Aug. 19. (Read more from “Facebook Hit by New U.S. Antitrust Case” HERE)

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