Facebook fights back again on FTC`s attempt to dismantle `monopoly`
(Android Central)

The second motion comes after the FTC`s lawsuit made in August Update, Oct 4 (15:33ET): Facebook fights back with a second motion to dismiss the FTC lawsuit claiming it has `monopoly power` over social media. What you need to know The FTC has filed an amended complaint against Facebook. The complaint asserts that Facebook has held a monopoly since 2011 by acquiring platforms that threaten its position. Facebook maintains that its acquisitions have been reviewed and cleared and that the company does not hold a monopoly. The FTC has filed an amended lawsuit against Facebook on Thursday. The complaint doubles down on the initial accusation that Facebook partakes in anticompetitive behavior by acquiring platforms that threaten its position. The lawsuit was originally filed late last year, but the judge found it provided insufficient evidence of Facebook`s monopoly and dismissed the lawsuit, giving the FTC a chance to amend its complaint with more details to make its case. The new...