The Facebook monopoly lawsuit was dismissed.
ByShehryar Makhdoom | Published date:
The Federal Trade Commission will be entitled to re-file its complaint.
According to the Federal Trade Commission, Facebook has failed to prove that it has become a monopoly.
Lawmakers are committed, but the main question is whether they will be able to prove their cases against Facebook. Facebook just claimed its social networking services and everyone agrees with it.
The Facebook case serves as a valuable reminder to regulators that they must be sure that these types of investigations are founded firmly on market realities and law, not on choosing a political target, according to Jennifer Lawrence, a former Google employee.
In general, the government has an interest in closely examining major technology corporations. U.S Senator Klobuchar has adopted a unique approach to the lobbying efforts of internet companies.
In the last two years, Microsoft and Facebook have been singled out by the U.S.
House of Representatives to stand against any new trust regulation.