Federal regulators sharpen their antitrust attack against Facebook, alleging in a revised complaint that the social network giant pursued a laser-focused strategy to “buy or bury” rivals to suppress competition.
It was the second try by the Federal Trade Commission, after a federal judge in June dismissed antitrust lawsuits brought against Facebook by the agency and a broad coalition of state attorneys general, amid multiplying efforts by federal and state regulators to rein in tech titans’ market power.
Separately, the agency dismissed a request from Facebook that FTC Chair Lina Khan — an outspoken critic of Big Tech appointed in June by President Joe Biden — step aside in this case because of her past public statements. Facebook says Khan’s criticism of its market power when she was an academic and the legal director of an anti-monopoly think tank, and her more recent work on a congressional investigation, make it impossible for her to be impartial.
U.S. District Judge James Boasberg had ruled in June that the suits were “legally insufficient” and didn’t provide enough evidence to prove that Facebook was a monopoly. The ruling dismissed the FTC’s complaint but not the case, giving the agency a chance to file a revised complaint. Some of the material meant to show dominant market share is redacted in the public version of the filing, including internal Facebook emails.
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