Global tech giant Facebook has urged a United States federal court to dismiss some serious antitrust cases filed by the U.S. Federal Trade Commission (FTC) last year.
The cases were backed by almost every state in the U.S., alleging Facebook had a monopoly in its market and acted in a way that harmed consumers.
However, Facebook has hit back this week, saying the FTC and states behind the cases have provided no evidence of monopoly or antitrust actions. Read more…..
Chart of the Day
Icarus TV
Apple CEO Tim Cook talks about working with Steve Jobs, the values at Apple, including privacy and equality, and if he’d run for president. He speaks with David Rubenstein on “The David Rubenstein Show: Peer-to-Peer Conversations.”