Dismissed Meta’s objection, and the competent court found the U.S. Federal Trade Commission’s petition last August, in which the organization asked the court to declare that Facebook had a monopoly on the social services segment for years, and thus abuse of its position and oblige the company to sell several departments or services.
The brawl between the FTC and the Meta (then still Facebook) began during the Trump administration, in December 2020, when the government first took the matter to court.
The organization was unsuccessful for the first time, as the judge hearing the case said in a decision late last June that the FTC’s submission did not provide sufficient evidence that Facebook had abused its dominant position in the market, so the lawsuit could not be filed. However, the FTC was given the opportunity to make another, more legally sound application from the judge.
The revised 80-page text seeks to substantiate the FTC’s objections much more than the first version, and continues to ask the court to order Facebook to sell Instagram purchased in 2012 and WhatsApp acquired in 2014, essentially the fragmentation of the company’s three-member core service portfolio.
Washington has been keeping a close eye on the case so far, as evidenced by the White House’s immediate statement following the court ruling, stressing that the president had previously made it clear that a more competitive competitive environment needed to be created in the technology industry.
The next lawsuit will certainly be one of the most significant legal proceedings regarding the relationship between the U.S. government and the local technology industry, as well as the most serious challenge for major market players, including Meta.
Source: HWSW Informatikai Hírmagazin by www.hwsw.hu.
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