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States ask U.S. court to reinstate Facebook antitrust lawsuit

WASHINGTON (Reuters) -A group of states led by New York asked a U.S. federal appeals court on Friday to reinstate an antitrust lawsuit filed against Facebook (NASDAQ:FB)....
States ask U.S. court to reinstate Facebook antitrust lawsuit © Reuters. FILE PHOTO: A 3D printed Facebook's new rebrand logo Meta and Facebook logo are placed on laptop keyboard in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

WASHINGTON (Reuters) -A group of states led by New York asked a U.S. federal appeals court on Friday to reinstate an antitrust lawsuit filed against Facebook (NASDAQ:FB).

"Facebook is a monopolist that has exploited its immense market power to crush competition. Through an ongoing course of conduct to 'buy or bury' nascent competitors, Facebook has maintained a monopoly that harms its users and the public at large," wrote lawyers for New York and a big group of other states in asking the U.S. Court of Appeals for the District of Columbia to allow their lawsuit to go forward.

The nearly 50 states argued that U.S. District Judge James Boasberg of the District of Columbia erred in ruling that they had waited too long to file the lawsuit.

They argued that states are allowed delays that private plaintiffs are not. They also argued that if the court determined they did wait too long, states are allowed deference that others are not because of their role in protecting the public interest.

Boasberg also threw out a related Federal Trade Commission complaint against Facebook in June but allowed the agency to refile the case. It did so, and Boasberg said this week the case would be allowed to go forward.

The FTC and a big group of states filed separate lawsuits in 2020 that accused Facebook of breaking antitrust law to keep smaller competitors at bay by snapping up rivals such as Instagram and WhatsApp.

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27-01-2022 18:21:02 (UTC+7)

EUR/USD

1.1143

0.0001 (0.00%)

Summary

↑ Sell

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EUR/USD

1.1143

0.0001 (0.00%)

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↑ Sell

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GBP/USD

1.3389

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USD/JPY

115.35

+0.01 (+0.01%)

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Moving Avg:

Buy (11)

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AUD/USD

0.7039

+0.0008 (+0.11%)

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Buy

Moving Avg:

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USD/CAD

1.2737

-0.0003 (-0.02%)

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EUR/JPY

128.54

+0.03 (+0.02%)

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EUR/CHF

1.0379

+0.0009 (+0.09%)

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Gold Futures

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Silver Futures

22.793

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Copper Futures

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Crude Oil WTI Futures

87.42

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Brent Oil Futures

88.84

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US Coffee C Futures

231.78

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Euro Stoxx 50

4,184.97

+20.37 (+0.49%)

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S&P 500

4,326.50

-23.43 (-0.54%)

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DAX

15,524.27

+64.88 (+0.42%)

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FTSE 100

7,554.31

+84.53 (+1.13%)

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Hang Seng

23,807.00

-482.90 (-1.99%)

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US Small Cap 2000

1,932.23

-44.24 (-2.24%)

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Neutral

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IBEX 35

8,706.00

+85.80 (+1.00%)

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BASF SE NA O.N.

68.450

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Bayer AG NA

52.58

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228.70

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Adidas AG

242.15

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Deutsche Lufthansa AG

7.045

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 EUR/USD1.1143↑ Sell
 GBP/USD1.3389↑ Buy
 USD/JPY115.35↑ Buy
 AUD/USD0.7039Buy
 USD/CAD1.2737Neutral
 EUR/JPY128.54↑ Buy
 EUR/CHF1.0379↑ Buy
 Gold1,796.60↑ Buy
 Silver22.793↑ Buy
 Copper4.4287↑ Buy
 Crude Oil WTI87.42Sell
 Brent Oil88.84↑ Buy
 Natural Gas4.295↑ Sell
 US Coffee C231.78Buy
 Euro Stoxx 504,184.97↑ Buy
 S&P 5004,326.50↑ Sell
 DAX15,524.27↑ Buy
 FTSE 1007,554.31↑ Buy
 Hang Seng23,807.00↑ Buy
 Small Cap 20001,932.23Neutral
 IBEX 358,706.00↑ Buy
 BASF68.450↑ Sell
 Bayer52.58↑ Sell
 Allianz228.70↑ Sell
 Adidas242.15↑ Sell
 Lufthansa7.045↑ Sell
 Siemens AG140.50↑ Sell
 Deutsche Bank AG11.920↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,195/ 6,235
(0/ 0) # 1,263
SJC HCM6,195/ 6,255
(0/ 0) # 1,284
SJC Hanoi6,195/ 6,257
(0/ 0) # 1,286
SJC Danang6,195/ 6,257
(0/ 0) # 1,286
SJC Nhatrang6,195/ 6,257
(0/ 0) # 1,286
SJC Cantho6,195/ 6,257
(0/ 0) # 1,286
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$1,797.91-24.25-1.33%
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Sản phẩmVùng 1Vùng 2
RON 95-IV2486025350
RON 95-II,III
E5 RON 92-II2359024060
DO 0.05S1890019270
DO 0,001S-V1925019630
Dầu hỏa1779018140
ↂ Giá dầu thô thế giới
WTI$86.85+0.030.04%
Brent$88.70-0.17-0.19%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.470,0022.780,00
EUR24.775,4326.164,36
GBP29.663,4530.930,27
JPY191,46202,68
KRW16,2819,84
Cập nhật lúc 06:19:49 28/01/2022
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