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Facebook moves to dismiss FTC, states' twin monopolization lawsuit, defends acquisitions

By Khushita Vasant and Max Fillion ( March 10, 2021, 22:04 GMT | Insight) -- Facebook today moved to dismiss twin antitrust lawsuits filed against it by the US Federal Trade Commission and a coalition of states, saying the complaints fail to sufficiently allege the tech giant’s monopoly, while defending its acquisitions of Instagram and WhatsApp as not being anticompetitive.Facebook today moved to dismiss twin antitrust lawsuits filed against it by the US Federal Trade Commission and a coalition of states, saying the complaints fail to sufficiently allege the tech giant’s monopoly, while defending its acquisitions of Instagram and WhatsApp as not being anticompetitive....

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