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FTC & States Ask Judge To Deny Facebook’s Request To Dismiss Antitrust Suits

 |  April 14, 2021

The Federal Trade Commission (FTC) and a large group of US states asked a federal court on Wednesday, April 14, to deny Facebook’s request to dismiss major antitrust lawsuits filed against the social media giant in December.

According to Reuters, the FTC, in its filing, wrote that Facebook bought photo-sharing app Instagram because CEOe Mark Zuckerberg believed it was “a large and viable competitor” and purchased the messaging app WhatsApp to neutralize a nascent threat. The FTC has asked the court to order Facebook to sell those assets.

The states, which had filed a separate antitrust lawsuit against Facebook, wrote in their filing, “Deploying a buy-or-bury scheme of predatory acquisitions and exclusionary conduct, Facebook successfully squashes, suppresses, and deters competition, entrenching its monopoly power to this day.”

Facebook had asked the court to dismiss the two lawsuits, alleging that they were brought “in the fraught environment of relentless criticism of Facebook for matters entirely unrelated to antitrust concerns.”

It also stated that the states, in their case, failed to show that they were harmed by Facebook and that they waited too long.

The FTC and states accused Facebook of breaking antitrust law to keep smaller competitors at bay and snapping up rivals, like Instagram for US$1 billion in 2012 and WhatsApp in 2014 for US$19 billion.

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