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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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16-01-2022 23:12:22 (UTC+7)

EUR/USD

1.1420

+0.0006 (+0.05%)

Summary

Sell

Moving Avg:

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Indicators:

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EUR/USD

1.1420

+0.0006 (+0.05%)

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GBP/USD

1.3679

+0.0006 (+0.04%)

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USD/JPY

114.42

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AUD/USD

0.7211

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USD/CAD

1.2539

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EUR/JPY

130.65

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EUR/CHF

1.0441

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Gold Futures

1,818.95

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Silver Futures

23.008

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Copper Futures

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Crude Oil WTI Futures

83.48

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Brent Oil Futures

86.13

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Natural Gas Futures

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US Coffee C Futures

239.65

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Euro Stoxx 50

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S&P 500

4,662.85

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DAX

15,883.24

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FTSE 100

7,542.95

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24,221.43

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US Small Cap 2000

2,161.48

+2.05 (+0.09%)

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IBEX 35

8,806.60

-10.30 (-0.12%)

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BASF SE NA O.N.

68.110

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Bayer AG NA

52.59

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Allianz SE VNA O.N.

227.00

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Adidas AG

252.35

-3.85 (-1.50%)

Summary

Buy

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Deutsche Lufthansa AG

7.241

-0.043 (-0.59%)

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Siemens AG Class N

145.86

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11.954

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 EUR/USD1.1420Sell
 GBP/USD1.3679Neutral
 USD/JPY114.42↑ Sell
 AUD/USD0.7211↑ Sell
 USD/CAD1.2539Buy
 EUR/JPY130.65Neutral
 EUR/CHF1.0441Neutral
 Gold1,818.95↑ Buy
 Silver23.008↑ Buy
 Copper4.4220↑ Sell
 Crude Oil WTI83.48↑ Sell
 Brent Oil86.13↑ Sell
 Natural Gas4.335↑ Buy
 US Coffee C239.65↑ Buy
 Euro Stoxx 504,272.19Buy
 S&P 5004,662.85↑ Buy
 DAX15,883.24↑ Buy
 FTSE 1007,542.95Sell
 Hang Seng24,221.43Sell
 Small Cap 20002,161.48↑ Buy
 IBEX 358,806.60↑ Buy
 BASF68.110Sell
 Bayer52.59↑ Sell
 Allianz227.00↑ Sell
 Adidas252.35Buy
 Lufthansa7.241↑ Buy
 Siemens AG145.86Neutral
 Deutsche Bank AG11.954Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,120/ 6,160
(0/ 0) # 1,152
SJC HCM6,110/ 6,170
(10/ 0) # 1,161
SJC Hanoi6,110/ 6,172
(10/ 0) # 1,163
SJC Danang6,110/ 6,172
(10/ 0) # 1,163
SJC Nhatrang6,110/ 6,172
(10/ 0) # 1,163
SJC Cantho6,110/ 6,172
(10/ 0) # 1,163
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RON 95-IV2400024480
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E5 RON 92-II2291023360
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Ngoại tệMua vàoBán ra
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EUR25.234,8826.649,42
GBP30.246,4531.537,99
JPY192,66203,94
KRW16,5020,10
Cập nhật lúc 11:08:55 17/01/2022
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