A generationm The battle for market power Facebook The US antitrust agency FTC has filed a revised monopoly lawsuit against the Internet giant. In a lawsuit filed on Thursday, the US Federal Trade Commission accused the online network of defending its dominance through “anti-competitive acquisitions.” Reference is made to the online service Instagram purchased in 2012 and Whatsapp purchased in 2014.
FTC representative Holly Vedova said: “After failing to compete with new innovators, when their popularity became an existential threat, Facebook bought or buried them illegally.” Behavior is as anti-competitive as Facebook bribing new app competitors to prevent them from participating in the competition.”
A federal judge dismissed the FTC’s preliminary lawsuit against Facebook in June. Among other things, he criticized the competition authority for not being able to “finally” prove that Facebook is one of them. monopoly Created in the online network market. The judge said that the lawsuit had “almost no specific content regarding the key issue of how much power Facebook actually has.” However, he allowed the FTC to submit a revised complaint, which the agency has now done.
Facebook said it would review the revised complaint and then comment in more detail. The dominance of online giants such as Facebook, Google and Amazon has attracted competition regulators in many countries.
