Facebook moves to dismiss federal, state antitrust suits

Automatic TRANSCRIPT

Last december the federal trade commission and forty six states sued facebook accusing the company of illegally using its monopoly power to freeze out and buy up potential competitors now. Facebook is asking a federal judge to dismiss a lawsuits. It said the government suits ignore the reality of the competitive landscape and that they failed to prove that consumers were harmed as a result of facebook's actions. The ftc and the seats are due to respond to the motions. In april.

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