CASE DISMISSED: A D.C. federal court on Monday dismissed two antitrust cases brought against Facebook last year in a major setback for federal and state regulators.
The Federal Trade Commission (FTC) will have an opportunity to file an amended complaint, but the challenge from a coalition of state attorneys general led by New York s Letitia James (D) has been dismissed entirely.
The regulatory agency had argued that Facebook stifled competition by acquiring nascent competitors. The case called for the unwinding of WhatsApp and Instagram.
Judge James E. Boasberg, an Obama-era nominee, dismissed the FTC s complaint as presented, but not the argument that Facebook may have a monopoly on personal social networking. He said the regulatory agency provided insufficient evidence to prove that Facebook controls over 60 percent of the market as the case alleges but that conceivably it could do so.
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