FTC Refiles Lawsuit Accusing Facebook of Illegal Scheme to Crush Competition

FTC Refiles Lawsuit Accusing Facebook of Illegal Scheme to Crush Competition
A Facebook logo is displayed on a smartphone in this illustration taken Jan. 6, 2020. Dado Ruvic/Illustration/Reuters
Tom Ozimek
Updated:

The Federal Trade Commission (FTC) has filed an amended complaint in its ongoing antitrust case against Facebook, accusing the social media giant of illegally buying up innovative competitors and crushing partner app developers in a bid to “moat its monopoly.”

The FTC filed its revised complaint (pdf) on Aug. 19 in the U.S. District Court for the District of Columbia, following the court’s June 28 ruling that dismissed the FTC’s initial complaint on grounds of insufficient evidence or explanation for how the agency determined Facebook controls more than 60 percent of the social media networking market. After the judge tossed the case in June, the FTC requested—and was granted—an extension to refile its lawsuit.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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