A federal judge on Tuesday ruled the Federal Trade Commission’s amended antitrust lawsuit against Facebook can move forward, determining the commission overcame many of the legal issues that doomed its initial complaint last year.

U.S. District Judge James Boasberg said the FTC, in its refiled complaint, laid out enough facts about Facebook’s market power in the personal social networking space to constitute an antitrust case. The commission alleged that Facebook not only has a monopoly, but has actively maintained that status by acquiring potential competitors like Instagram and WhatsApp.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]