FTC says Facebook “made a very knowing decision to sacrifice the benefits that cut-off apps would have been bringing to Facebook, they also include ads that would favor them and their sponsors. The judge had previously written away that the FTC should be able to show the fact that the people at Facebook had implemented the policy to the detriment of its own short-term profits.”
The Federal Trade Commission is also known as the FTC, if that was not obvious, filed a new antitrust complaint against Facebook on Thursday. This is the continuation of its fight in federal court. A new judge threw out the initial claims, and this was taken on. Facebook has been given the time till Oct. 4 to respond to the FTC’s complaint.
Boasberg wrote that “the FTC has failed to define a good and possible market that Facebook monopolized, and they have also suggested a very loose of a percentage of market share it owned.” Plus, he wrote, “the FTC lacks in authority under its chosen statute.
In order to bring charges against Facebook, which is a big company and it is somehow implemented an old policy. This prevents any kinds of rivals from accessing its platform the time period of seven years ago.”
Boasberg said that in order to receive an injunction under that statute, it must be made crystal clear that there has been a violation is in progress, or there is a violation in the process about to occur. Only then can the claims mean anything at all. The real pickle for the FTC to solve is this one. Without a proper attitude, that can not be done.
The new complaint recently given is actually much longer than the original one. It is at the length of 80 pages compared to 53. To talk about the contents a little, it still is known to maintain the core arguments of the original one.
This also includes the allegations that Facebook had been using anticompetitive acquisitions of Instagram and WhatsApp to make sure that they are dragging its monopoly power further on, and it Also states that Facebook is also unfairly blocked rivals from accessing its application programming interface (API).
This is all now under process. The verdict is not out yet. We will need to make sure that the people are actually informed, so keep an eye out on the news for the next update.