The US Federal Trade Commission has hit back at Facebook’s claims that there is no merit to an antitrust suit, saying that there is an addressable social media market — and Facebook dominates the vast majority of it.Facebook faces antitrust case that will break it upTwo lawsuits were filed against Facebook in December claiming it was engaged in anti-competitive practices. Facebook has asked the court for dismissal, but the FTC has pushed back with a statement.Read more…
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