- June 29, 2021
- Posted by: Stratford Team
- Category: Business
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Judge dismisses gov’t antitrust lawsuits against Facebook
WASHINGTON (AP) — A federal judge has dismissed antitrust lawsuits brought against Facebook by the Federal Trade Commission and a coalition of state attorneys general, dealing a significant blow to attempts by regulators to rein in tech giants. U.S. District Judge James Boasberg ruled Monday that the lawsuits were “legally insufficient” and didn’t provide enough evidence to prove that Facebook was a monopoly. The ruling dismisses the complaint but not the case, meaning the FTC could refile another complaint. The U.S. government and 48 states and districts sued Facebook in December 2020, accusing the tech giant of abusing its market power to crush smaller competitors.
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Gas prices rise again, no sign of letting up this summer
NEW YORK (AP) — After a brief dip, gas prices in the U.S. are on the rise again, hitting an average $3.09 per gallon. That’s according to the fuel price…
