German Facebook Antitrust Ruling Should Prompt FTC Action
Law360 (August 31, 2020, 1:51 PM EDT) -- Facebook Inc.'s continuing position in the social media market may give rise to future antitrust violations and resulting enforcement measures.
As society continues to increase its reliance on digital marketing and communication, the value of online profiles highlighting the preferences of society becomes ever more marketable.
Concurrently, large tech companies such as Facebook, Google Inc. and Apple Inc. continue to gain economic power through aggregation of society's personal information and anti-competitive acquisitions of smaller companies.
Facebook on the Dock
On June 23, Germany's Federal Court of Justice ruled that Facebook abused its dominance in social media by illegally amassing user data...
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