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Facebook asks for dismissal of FTC antitrust complaint

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www.fox29.com

WASHINGTON (AP) - Facebook is asking a federal court to dismiss a revised complaint against it by the Federal Trade Commission, arguing that the agency has not provided enough evidence to show that the company is a monopoly.In a motion filed Monday in U.S.

District Court for the District of Columbia, Facebook said the FTC failed to prove that it has a monopoly in the "personal social networking space" because no reliable data exists to show the size of the market or of Facebook’s share of it."The FTC’s fictional market ignores the competitive reality: Facebook competes vigorously with TikTok, iMessage, Twitter, Snapchat, LinkedIn, YouTube, and countless others to help people share, connect, communicate or simply be entertained," Facebook.

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