Wednesday was a tough day for 46 state attorneys general and the Federal Trade Commission (FTC), who had filed antitrust lawsuits against Facebook in December 2020. On Wednesday, they got their first taste of Facebook’s rebuttal in the form of motions to dismiss the cases (here and here). It’s not looking good for the government’s antitrust enforcers.
Such motions are generally short on details, and these are no exception. Facebook probably knows the chances of the motions succeeding are small, but it points out some of the holes that Facebook sees in the antitrust enforcers’ cases. Here are three I agree with.
Read Dr. Jamison’s complete blog post at AEI