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Thursday, September 23, 2021

The F.T.C. asks for an extension to refile its Facebook antitrust suit.


The Federal Trade Commission requested additional time from a federal judge on Friday in order to refile an antitrust lawsuit against Facebook, which represents the agency’s most significant test yet in its efforts to rein in the power of big tech.

It requested an extension until August 19 to amend a lawsuit that had been dismissed earlier this month by the United States District Court for the District of Columbia in a filing with the court. In its request, the Federal Trade Commission stated that it had reached an agreement with Facebook regarding the proposed extension.

Last month, Judge James E. Boasberg of the United States District Court for the District of Columbia dismissed a key argument made by the Federal Trade Commission, ruling that prosecutors had failed to provide enough convincing evidence to support the claim — that Facebook has a monopoly over social networking. The F.T.C., on the other hand, was given a 30-day window to refile its lawsuit.

According to the New York Times, the new lawsuit will be the first major action taken by Lina Khan, the newly appointed chair of the Federal Trade Commission and a vocal critic of Facebook, Google, and Amazon who has advocated for the dismantling of digital giants.


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