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Facebook wants US Federal Trade Commission’s monopoly lawsuit tossed out due to ‘bias’

Facebook hit out at the US antitrust watchdog in a new court filing that argued the purported lack of direct evidence and data.

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"FTC’s second attempt shows again this is an attack on pro-competitive acquisitions the FTC itself cleared more than a decade ago," said Facebook as it filed its second motion to dismiss the lawsuit filed by the United States Federal Trade Commission (FTC) against the platform. Background: FTC's amended complaint from August against Facebook alleged that the social media platform — Resorted to a 'buy or bury' scheme to maintain services' dominance Unlawfully acquired innovative competitors that succeeded where Facebook's own offerings "fell flat" Lured app developers, surveilled them for signs of success, and "buried" them when they became competitive threats The crux of the amended complaint was that Facebook was positioning itself to be a monopoly by 'unlawfully' acquiring competitors — specifically mobile innovators including its rival Instagram in 2012 and WhatsApp in 2014. The amended complaint filed in the…

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Among other subjects, I cover the increasing usage of emerging technologies, especially for surveillance in India

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