#US antitrust enforcers refile monopoly case against Facebook
“#US antitrust enforcers refile monopoly case against Facebook”
US regulators Thursday refiled a lawsuit accusing Facebook of maintaining an illegal monopoly in social networking, two months after the case was dismissed by a judge.
In the amended complaint, the Federal Trade Commission said Facebook’s dominance “is protected by high barriers to entry,” and that “even an entrant with a superior product cannot succeed against the overwhelming network effects enjoyed by an incumbent personal social network.”
The new complaint alleges that Facebook has cemented its dominant position by acquiring potential rivals such as Instagram and WhatsApp.
US seeks more time to refile Facebook antitrust case
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US antitrust enforcers refile monopoly case against Facebook (2021, August 19)
retrieved 19 August 2021
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