(PatriotWise.com)- Last Friday, a U.S. judge rules that the United States Federal Trade Commission has until August 19 to file an amended complaint as part of an antitrust lawsuit against Facebook Inc. It means the FTC has an additional three weeks to refine their arguments against the social media platform and how it violates laws designed to stop anti-competitive behavior.
Judge James Boasberg of the District of Columbia District Court granted the request by the FTC, and it was not opposed by Facebook. The order said that once the amended complaint has been filed, Facebook will need to respond to the complaint by October 4.
Judge Boasberg had previously ruled that the FTC’s first complaint didn’t adequately show that Facebook had monopoly power in the social media market – which is true. Facebook is not the only social media platform used, though it certainly is a big player and exhibits monopoly power in different ways. Presumably, the amended complaint will focus on the areas that Facebook does have clear monopoly power.
The FTC in its latest filing said that the extension will give them sufficient time to “complete internal agency processes.”
The lawsuit against Facebook was initiated after the agency voted last year to take action. Republican chair of the FTC at the time, Joe Simons, voted in favor of the lawsuit – however, since then, Democrat Lina Khan has become the new chair of the FTC.
We’ll update you on where the lawsuit goes, but there are genuine fears at this stage that because the Democrats have retaken control of the FTC, the lawsuit might ultimately be dropped.
After all, Big Tech benefits the Democrats.