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Facebook, Inc.) is an ongoing antitrust court case brought by the Federal Trade Commission (FTC) against Facebook parent company Meta Platforms. The lawsuit alleges that Meta has accumulated monopoly power via anti-competitive mergers, with the suit centering on the acquisitions of Instagram and WhatsApp .
Turning antitrust law on its head, the FTC’s challenge impedes the emergence of a new delivery model that could pose a competitive threat to leading console-based services.
The FTC sued Amazon on antitrust grounds last fall, and the DOJ last year filed an antitrust lawsuit against Google alleging the internet company has a “monopolistic grip” on the digital ...
A typical second request asks to gather information about the sales, facilities, assets, and structure of the businesses which are party to the transaction. [1] This frequently requires a large number of documents to be produced, and law firms representing parties to a transaction in which a second request has been issued often must hire contract attorneys to review all the documents involved.
The FTC was established in 1914 by the Federal Trade Commission Act, which was passed in response to the 19th-century monopolistic trust crisis. Since its inception, the FTC has enforced the provisions of the Clayton Act , a key U.S. antitrust statute, as well as the provisions of the FTC Act, 15 U.S.C. § 41 et seq.
The FTC is examining allegations the software giant is potentially abusing its market power in productivity software by imposing punitive licensing terms to prevent customers from moving their ...
FTC v. Actavis, Inc., 570 U.S. 136 (2013), was a United States Supreme Court decision in which the Court held that the FTC could make an antitrust challenge under the rule of reason against a so-called pay-for-delay agreement, also referred to as a reverse payment patent settlement.
Antitrust enforcers who have asked a federal judge to stop Facebook parent Meta Platforms Inc from buying virtual reality content maker Within filed a shorter version of their complaint on Friday.