The Federal Trade Commission on Friday called on federal judges to give more time to resubmit. Antitrust proceedings Against Facebook, the agency’s biggest test to curb the power of Big Tech.
In a submission to the US District Court in the District of Columbia, authorities sought an extension of three weeks or an amendment by August 19. Proceedings dismissed by court last month.. In its request, the FTC said it had reached an agreement with Facebook on the proposed extension.
Judge James E. Bosburg of Federal Court last month Knocked down the core debate made by the FTCProsecutors said they couldn’t provide enough compelling facts to support Facebook’s claim of monopolizing social networking. However, the judge gave the FTC a 30-day grace period to resubmit the proceedings.
The new proceedings will be the first major proceedings by the FTC’s new chair and critic Lina Khan. Facebook, Google and Amazon advocating the collapse of digital platforms.
The FTC is seeking an extension to resubmit Facebook’s antitrust proceedings.
Source link The FTC is seeking an extension to resubmit Facebook’s antitrust proceedings.