#facebook monopoly

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Social’s Down

If the massive Facebook/Instagram/WhatsApp/ outage today isn’t the best indicator of the gargantuan Zuckerberg social media monopoly that exists today then I don’t know what is.

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Mark Zuckerberg and Sundar Pichai were involved in ad collusion plot, claims court filing

Google & Facebook vs. everyone else

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Facebook’s New Nightmare Is Suddenly Coming True

Facebook has had a nightmare week. So what exactly happened, and is it finally time to quit the data-hungry social network?

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FTC’s Antitrust Case Against Facebook Can Proceed, Judge Says

A federal judge has ruled that the Federal Trade Commission’s revised antitrust suit against Meta, formerly known as Facebook, can proceed, shutting down the social media company’s request for a di…

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Rulings in Facebook, Apple antitrust cases show how tough it is to define a monopoly in the age of Big Tech

Obama-appointed judges on opposite ends of the country have refused to rein in Big Tech.

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U.S. Antitrust Cops Unveil Data Backing Facebook Monopoly Case

(Bloomberg) -- U.S. antitrust officials made public for the first time the data they’re using to bolster their case that Facebook Inc. has monopoly power over social networking.The Federal Trade Commission on Wednesday revealed figures that it said shows Facebook is far and away the most dominant company in the market. The numbers had been redacted in an earlier complaint. From September 2012 through December 2020, Facebook’s share of time spent by users of social media apps in the U.S. has aver

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Zuckerberg Grows $5.1 Billion Richer After Judge Throws Out FTC’s Antitrust Case Against Facebook

The judge's decision underscores the complexitis about Facebook's future: It won't be easy to regulate, and its stock has been nothing but a winner.

A federal judge has given Mark Zuckerberg and Facebook investors a trillion or so reasons to smile.

Judge James E. Boasberg on Monday tossed aside several antitrust cases brought by the FTC and state authorities, turning away the most concerted campaign yet to police the social network. The decision sent Facebook’s stock sharply higher, allowing the company to cross the $1 trillion threshold in market value for the first time. These rising shares were a boon for common shareholder and billionaire alike: The 4.1% increase in stock price during after-hours trading added $5.1 billion to Zuckerberg’s fortune. (This briefly made Zuckerberg the world’s fourth richest person, wealthier than Bill Gates for the first time.)