Facebook Faces More Anti-Trust Pressure After FTC’s Amended Complaint
The Federal Trade Commission (FTC) is cranking the pressure on Facebook Inc (NASDAQ:FB) over accusations of anticompetitive practices with a new complaint in federal court. It follows an original complaint, dismissed by a federal judge in June. Q2 2021 hedge fund letters, conferences and more Anticompetitive AllegationsAccording to CNN, the FTC filed an amended complaint in federal court alleging the company “has monopolized social media and harmed competition.” The amended complaint was filed two months after Judge James Boasberg of the U.S. District Court for the District of Columbia dismiss...