Facebook Files for Second FTC Antitrust Dismissal

The FTC’s amended complaint against Facebook “fails to fix the deficiencies of its first attempt” and should be dismissed, the company said in a filing (Pacer) Monday in docket 1:20-cv-03590 (see 2108240059). The FTC created a “fictional market,” ignoring that Facebook “competes vigorously with TikTok, iMessage, Twitter, Snapchat, LinkedIn, YouTube, and countless others,” the company said. “The FTC cannot credibly claim Facebook has monopoly power because no such power exists.” The agency didn’t comment.