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US regulators Thursday refiled a suit accusing Facebook of maintaining an amerciable monopoly successful societal networking, 2 months aft the lawsuit was dismissed by a judge.
In the amended complaint, the Federal Trade Commission said Facebook's dominance "is protected by precocious barriers to entry," and that "even an entrant with a superior merchandise cannot win against the overwhelming web effects enjoyed by an incumbent idiosyncratic societal network."
The caller ailment alleges that Facebook has cemented its ascendant presumption by acquiring imaginable rivals specified arsenic Instagram and WhatsApp.
© 2021 AFP
Citation: US antitrust enforcers refile monopoly lawsuit against Facebook (2021, August 19) retrieved 19 August 2021 from https://techxplore.com/news/2021-08-antitrust-refile-monopoly-case-facebook.html
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