A U.S. District Court judge on June 28 dismissed a Federal Trade Commission lawsuit against Facebook, which was accused of violating antitrust laws.
Judge James Boasberg said the agency failed to prove the social network has monopoly power because it declined to say how it concluded that the company has at least 60% market share and also didn’t name its major competitors.Attendees walk past a Facebook logo during Facebook Inc's F8 developers conference in San Jose, California, U.S., April 30, 2019.
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