A federal judge has rejected Facebook’s effort to halt a Federal Trade Commission antitrust case against the firm.
On Tuesday, Judge James Boasberg concluded that the FTC may move forward with its efforts to push Facebook, now known as Meta, to liquidate two of its major subsidiaries Instagram and WhatsApp.
According to Reuters, Meta requested that the lawsuit be dismissed in December, but Boasberg denied this request on Tuesday.
The FTC brought a similar complaint, which Boasberg dismissed in June 2021. According to Boasberg, the FTC failed to produce sufficient evidence that Facebook, now Meta, constituted a monopoly. In August, the FTC refiled its case and Boasberg remarked on Tuesday that it had provided much more evidence.
According to the New York Times, Boasberg expressed that the FTC’s facts this time were much more substantial and specific than previously, particularly in relation to the outlines of the defendant’s purported monopoly.
The FTC, in an August press release, claimed that Facebook launched an “anticompetitive shopping spree,” unlawfully acquiring Instagram and WhatsApp in order to “keep its monopoly”.
According to a statement sent to Insider Meta, the judge’s verdict denied one specific argument about Facebook’s attempt to cut off competitors such as Vine from data and features on the platform.
A Meta spokesperson told the insider that the ruling limits the FTC’s lawsuit by rejecting accusations concerning the platform’s regulations.
The spokesperson also expressed that Meta is certain that the evidence will uncover the assertions’ basic flaws, and that the investments in Instagram and WhatsApp helped them to become what they are today. He added that they have proven beneficial to both competitors and the individuals and companies that choose to utilize their products.
Meta expressed their desire to have the case dismissed claiming the chairperson of FTC is being biased against them.