theverge

Meta asks court to dismiss FTC’s monopoly claims

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…

Related Articles

Back to top button