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đ§ FTC files amended antitrust complaint against FacebookÂ
Well that didnât take long.Â
A few weeks after a federal judge dismissed the FTCâs hyped Facebook lawsuit, the FTC filed its modified attempt to prove Facebook has violated antitrust laws.Â
The original complaint failed for one major reason: It wasnât thorough enough. The court said the FTC hadnât provided sufficient evidence that Facebook was a monopoly, particularly concerning developments over the past couple of years.Â
This time the FTC explained social networks in greater depth:According to the Verge, the amended complaint described Facebook as a dominant provider of a social space, separating it from companies like Reddit, Twitter, and TikTok.Â
Was anything else new?
The argument was roughly the same: That Facebookâs widespread power in social media is bad for consumers. The FTC basically just gave more examples, another being the way it recovered from the Cambridge Analytica scandal. âFacebookâs ability to harm users by decreasing product quality without losing significant user engagement,â the complaint reads, according to The Verge, âindicates that Facebook has market power. Â
The Verdict
Facebook can take until early October to craft a response. It will likely be a few more months after that before the judge hears the case again.