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FTC antitrust suit against Facebook could come by year's end - MarketWatch

WASHINGTON — The Federal Trade Commission is preparing a possible antitrust lawsuit against Facebook Inc. that it could file by the end of the year, according to people familiar with the matter, in a case that would challenge the company’s dominant position in social media.

The case preparations come after the FTC has spent more than a year investigating concerns that Facebook has been using its powerful market position to stifle competition, part of a broader effort by U.S. antitrust authorities to examine the conduct of a handful of dominant tech companies.

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September 16, 2020 at 06:35AM
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FTC antitrust suit against Facebook could come by year's end - MarketWatch
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