Posted on 06/28/2021 5:52:12 PM PDT by algore
The government and 48 states and districts sued Facebook in December 2020
They accused Facebook of abusing its market share to crush competitors
The suit potentially sought the forced sale of Instagram and WhatsApp
A US district judge on Monday ruled that the lawsuits were 'legally insufficient'
He said they did not provide enough evidence that Facebook was a monopoly
These allegations - which do not even provide an estimated actual figure or range for Facebook's market share at any point over the past ten years - ultimately fall short of plausibly establishing that Facebook holds market power,' he said.
Facebook's shares rose 4.18 percent as the complaint was dismissed
The price rise pushed Facebook's value past $1 trillion for the first time
The government can refile their suit, but it is unclear if they will do so
(Excerpt) Read more at dailymail.co.uk ...
"They trust me — dumb f#cks," says Zuckerberg in one of the instant messages, first published by former Valleywag Nicholas Carlson at Silicon Alley Insider, and now confirmed by Zuckerberg himself in Jose Antonio Vargas's New Yorker piece.
I personally find Facebook useless. Worth a Trillion? Yeah, whatever.
Is that Judge ‘on the take?’
It’s very easy to disguise sudden windfalls of liquid currency. With programs like BitCoin, you don’t even need a Swiss Bank Account anymore.
$1 TRILLION is probably what Zuck got from China just for STEALING THE 2020 ELECTION.
Facebook and Zuckerberg need to immediately give the bulk of their money away in the Democrat redistribution of wealth plan. Their riches fly in the face of equity.
They can pay a bunch of that to the state of Texas for sponsoring human trafficking across the border as now noted by our State Supreme Court.
Clownbammy "judge" James Boasberg gonna clownbammy.
The POS Boasberg is a relentless piece of partisan Democrat shite.
Yea a DC Judge knows anything about High Tech.
Their riches fly in the face of equity./
They’re not as much commies
as they are Landed Aristocracy
( welcome to the feifdom fellow serfs ?)
Boasberg is a Democrat political "judge" appointed by Odiousbama.
He was running the FISA court when the Trump stuff went down.
Democrat political operative all day long.
Odiousbama "judge" Jeb Boasberg probably doesn't even know how to sign into Fecesbuch.
I THOUGHT I smelled something rotten!
Not bad for an outfit that produces nothing.
Perhaps someone can explain, but how is something that can be turned off with a switch, worth that kind of money?
Ain’t making any cash on me. Deleted my account late last year.
Easy.. HURRY, HUNTER.. PAINT AND SELL MORE PAINTINGS!!!!!!! THEY’RE GOIN’ LIKE HOTCAKES IN CHINA!!!!!
I have a facebook account for the sole purpose of using facebook marketplace. It’s because I’m in the sticks and Craigslist is pretty useless out here.
But that’s all I use it for.
He’s a rat hack and was able to pay a lot to help steal an election all because he provided a place where people post their personal info at no charge to him.
I cancelled my account and every conservative should do the same.
The practice of law, yeah, right.
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