Facebook is continuing to battle US regulators that are calling for the company to be broken up, this time asking a court to dismiss an amended antitrust complaint against it filed by the Federal Trade Commission.
Facebook continues to struggle with US regulators that are wanting for the company to be broken up, this time asking a court dismiss an amended antitrust complaint which was filed against it by the Federal Trade Commission.
On Monday, a filing was issued to the US District Court for the District of Columbia, Facebook made a statement that the FTC “alleged no plausible factual basis for branding Facebook an unlawful monopolist,” labelling the claim made by agency as “litigation-driven fiction” that does not count as a competition from “surging rivals TikTok.”
In August, the agency files a new antitrust complaint against Facebook, after a judge tossed out it’s original complaint which was made previously in this year. The Judge argued about the fact that the FTC did not provide sufficient proofs and evidences that Facebook holds a monopoly in social media which is to warrant allow the case to continue.
The FTC covered many of the same arguments in the revised complaint, which is about 50% longer than the original ones. The FTC continues to argue that the laws have been broken by Facebook by making anticompetitive acquisitions, most particularly of Instagram and WhatsApp, and by denying third-party apps anticompetitive access to Facebook’s platform.
The latest updated complaint attempted to address the comment made by the judge saying that the FTC did not provide metrics to support its arguments by citing the amount of time users spend on Facebook’s different platform like WhatsApp, Instagram compared to that of competitors, as well as the sheer number of daily and monthly users of Facebook services.
Incase if it’s successful, their could be be chances that they spin off Instagram or WhatsApp due to the complaint.