Tech

FTC antitrust lawsuit against Facebook allowed to proceed

The Federal Trade Commission (FTC) may move forward with its latest antitrust lawsuit against Meta, a U.S. district judge ruled on Tuesday. The decision is a significant victory for the regulator, which had last seen its overturn by Judge James Boasberg.

Through Boasberg now says the agency can move forward with her complaint because of the “more robust and detailed” evidence it presented with its amended complaint, than the FTC. “Although the agency may face a daunting task in the future to prove its claims, the court finds that it has now raised the bar of pleading and can proceed with the discovery,” the judge said.

In October, Meta asked the court to do so, arguing that the FTC had once again failed to present a “factual basis for alleging monopoly power.” The agency’s amended complaint is about two dozen pages longer than its original complaint, but it makes many of the same arguments. Specifically, the FTC alleges that Facebook used the Instagram and WhatsApp acquisitions in 2012 and 2014 to secure its dominance in the social media market.

“It is unfortunate that despite the court dismissing the complaint and finding it to be unfounded, the FTC has chosen to pursue this unfounded lawsuit,” the company told the era. “The FTC’s claims are an effort to rewrite antitrust laws and overturn established expectations of merger review, telling the business community that no sale is ever final.”

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