News & Analysis as of

Facebook Monopolization

Wilson Sonsini Goodrich & Rosati

FTC Defeats Facebook Motion to Dismiss Amended Complaint

The FTC's case against Facebook will be allowed to proceed now that the district court has held its Amended Complaint plausibly alleged violations of Section 2 of the Sherman Act related to Facebook's acquisition of Instagram...more

Orrick, Herrington & Sutcliffe LLP

State Attorneys General Newsletter – December 2021

Texas Attorney General Files Third Amendment in Antitrust Lawsuit Against Google (Texas) - In December 2020, Texas led 17 states in an antitrust suit against Google, which argues that the company abused its monopoly power in...more

Bilzin Sumberg

How Epic V. Apple Ruling Might Play Out For Big Tech

Bilzin Sumberg on

The U.S. antitrust laws are slow to keep up with technical innovation and changing marketplaces. Nowhere is that more evident than in the tech sector, where companies and other players in the market do not fit neatly into...more

Robins Kaplan LLP

Financial Daily Dose 9.2.2021 | Top Story: NY Judge Provisionally Approves Purdue Pharma Dissolution, Sackler Liability Shield

Robins Kaplan LLP on

A New York federal bankruptcy judge provisionally approved an opioid settlement plan on Wednesday that will dissolve Purdue Pharma and require members of the Sackler family (which owns Purdue) to “turn over billions of their...more

Wilson Sonsini Goodrich & Rosati

FTC Revises and Refiles Complaint Against Facebook

The Federal Trade Commission (FTC) has revised and refiled its complaint against Facebook, once again asserting Facebook throttled competition in the market for “personal social networking services.” The revised complaint...more

Mintz - Antitrust Viewpoints

Busy Week for the FTC Shows Aspirations of and Limitations on Chair Khan’s Enforcement Agenda

Last week was momentous for the Federal Trade Commission. First, the campaign use antitrust to reign in “Big Tech” faced a setback as the United States District Court for District of Columbia dismissed the FTC’s suit against...more

Skadden, Arps, Slate, Meagher & Flom LLP

Facebook Rulings Are a Setback for Antitrust Regulators but May Spur Amendments

On June 28, 2021, Judge James E. Boasberg of the U.S. District Court for the District of Columbia granted Facebook’s motions to dismiss two parallel antitrust complaints filed by the Federal Trade Commission (FTC) and a group...more

Womble Bond Dickinson

The Wu Khan Clan Enters the Battle Arena

Womble Bond Dickinson on

Columbia University Law Professor Tim Wu has written profoundly and persuasively for decades about anti-competitive behavior in the U.S. tech industry - from Western Union’s telegraph monopoly in the 1860s forward toward the...more

Troutman Pepper

U.S. District Court Dismisses Government Actions Against Facebook

Troutman Pepper on

On June 28, while both congressional bodies continue to introduce and consider numerous legislative proposals to “reform” and amend the existing legal analytical framework, the U.S. District Court for the District of Columbia...more

Robins Kaplan LLP

Financial Daily Dose 12.17.2020 | Top Story: Fed Stays Bond-Buying Course, Urges Congress to Pass Covid Relief

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The Fed’s Open Markets Committee meeting wrapped on Wednesday, and in remarks following the meeting, Fed Chair Powell called the case for fiscal policy right now “very, very strong,”—a not-so-subtle nudge to Congress to act...more

The Volkov Law Group

FTC and 48 States File Antitrust Case Against Facebook

The Volkov Law Group on

The Trump Administration has focused on competition and the technology sector.  First, the Justice Department’s Antitrust Division filed a monopolization case against Google. Last week, the Federal Trade Commission and 46...more

Robins Kaplan LLP

Financial Daily Dose 12.10.2020 | Top Story: Federal and State Regulators Sue Facebook over Alleged Antitrust Violations

Robins Kaplan LLP on

The long-awaited Facebook antitrust bomb dropped on Wednesday, with the FTC and attorneys general from more than 40 states accusing Zuck & Co. of “buying up its rivals to illegally squash competition” in D.C. federal district...more

Robins Kaplan LLP

Financial Daily Dose 10.23.2020 | Top Story: CA Appeals Court Tells Uber and Lyft to Treat Drivers as Employees

Robins Kaplan LLP on

A California appeals court has affirmed a lower court decision requiring Uber and Lyft to “treat their California drivers as employees, providing them with the benefits and wages they are entitled to under state labor law.”...more

Spilman Thomas & Battle, PLLC

Decoded: Technology Law Insights - Issue 8, October 2020

Attorney General William P. Barr Announces Publication of Cryptocurrency Enforcement Framework - "The Framework provides a comprehensive overview of the emerging threats and enforcement challenges associated with the...more

Robins Kaplan LLP

Financial Daily Dose 10.7.2020 | Top Story: White House Sows Confusion on Stimulus as Fed Chair Urges Fiscal Action

Robins Kaplan LLP on

Here’s a fun little exercise. Pull up a chart of Tuesday's market activity, and see if you can pinpoint the exact moment the White House announced to the world that it was pulling support for another Covid stimulus bill...more

Dunlap Bennett & Ludwig PLLC

Congress’s Big Tech Hearing – Takeaways and Next Steps

On July 29, 2020, the CEOs of Amazon, Google, Facebook, and Apple appeared before the Antitrust Subcommittee of the U.S. House of Representatives to answer questions about potentially monopolistic tactics used by the four...more

Robins Kaplan LLP

Financial Daily Dose 9.10.2019 | Top Story: Activist Investor Singer Discloses Stake in AT&T and Pushes for Change

Robins Kaplan LLP on

Paul Singer’s Elliott Management hedge fund revealed a $3.2 billion stake in AT&T and, along with it, a healthy-skepticism of the company’s 2018 purchase of Time Warner and general calls to divest as part of a 24-page letter...more

Jones Day

Unfair Data Protection Practices May Constitute an Abuse of Market Power

Jones Day on

The Situation: An investigation launched in 2016 by the German competition authority was meant to determine if Facebook was abusing its market position with its imposition of "misleading" data protection policies. The...more

Dechert LLP

German Antitrust Authority Finds Antitrust Infringement on the Basis of a Data Protection Breach

Dechert LLP on

The German antitrust authority (FCO) has ordered Facebook to stop collecting data outside Facebook’s platform without the user’s “voluntary consent.” The decision breaks new ground because it links data protection and...more

Pillsbury - Internet & Social Media Law Blog

Facebook Sued for Virtual Currency Monopolization

Kickflip, which does business under the name Gambit, sued Facebook for allegedly monopolizing the "virtual currency" market used in online games by requiring game publishers to use Facebook credits. It is also alleges...more

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