FTC challenges Facebook's antitrust suit dismissal request

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...