Tag Archives: facebook antitrust lawsuit

Is Facebook a Monopoly? The Court Throws out Antitrust Claim Against Facebook



Patreon: https://www.patreon.com/thatsall

A district court just threw out an FTC antitrust suit against Facebook after the FTC failed to provide adequate evidence of Facebook possessing monopoly power. What is monopoly power? Well, it’s the power to raise prices above competitive pricing and block new entrants into a product market. If that sounds hard to prove, you’re right. Here’s what happened.