Meta Requests Dismissal of FTC's Anti-Monopoly Lawsuit

  • 📰 verge
  • ⏱ Reading Time:
  • 25 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 55%
  • Publisher: 67%

Business News

Meta,Federal Court,Dismissal

Meta has filed a motion for summary judgment, asking a federal court to dismiss the Federal Trade Commission's anti-monopoly lawsuit against it. The company argues that the FTC has failed to provide evidence to support its claims and that the acquisitions of Instagram and WhatsApp did not harm consumers. The court will decide whether to proceed with the lawsuit or dismiss it based on Meta's motion. If the court determines there are still unresolved issues, a trial date may be set.

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 trial date. Back in 2021, DC District Court Judge James Boasberg granted Meta’s motion to dismiss the complaint but gave the FTC the chance to file an amended one, which he allowed to move forwar

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 94. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meta cannot delay FTC from reopening privacy probe, court saysMeta Platforms cannot delay the Federal Trade Commission from reopening a probe into alleged privacy failures by its Facebook unit while the company pursues a lawsuit challenging the agency's authority, a U.S. court ruled Friday.
Source: KSLcom - 🏆 549. / 51 Read more »

Meta Platforms rejects FTC attempt to amend privacy settlementMeta Platforms has rejected the U.S. Federal Trade Commission's attempt to amend a 2020 privacy settlement. The company voluntarily disclosed two technical errors related to its Messenger Kids app to the agency. Meta spent $5.5 billion on its privacy program and related initiatives. The FTC wants to tighten the existing settlement, which bans profiting from minors' data and expands curbs on facial recognition technology.
Source: Investingcom - 🏆 450. / 53 Read more »