Home Business Court says FTC hasn’t provided evidence Facebook is a monopoly, dismisses lawsuit

Court says FTC hasn’t provided evidence Facebook is a monopoly, dismisses lawsuit

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In the second lawsuit, the judge ruled that a group of state attorneys general had waited too long to challenge Facebook’s acquisition of the photo-sharing service Instagram and the messaging app WhatsApp, which the company bought in 2012 and 2014, respectively. That suit he dismissed outright, though he suggested in his opinion that the FTC may have the authority to file a similar case, if it chooses to do so.

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