FTC’s Case Against Facebook Will Test the Flexibility of U.S. Antitrust Law
MoginRubin LLP Washington, DC | San Diego FTC's Case Against Facebook Will Challenge the Adaptability of U.S. Antitrust Law Society leads, and the law follows. This is especially true in antitrust, where industries and markets undergo constant change brought about by innovation and changing consumer behavior. Confronted with ever evolving commercial circumstances, the courts face a constant struggle to keep up. With the filing of the antitrust cases against the Facebook “monopoly” by the Federal Trade Commission and 47 state attorneys general, U.S. antitrust faces one of its most significant tests since the case of U.S. v. Microsoft, now 20 years old. In the intervening decades, the Internet has spawned a new category of industry, “demand aggregators.” These businesses seek to grow market share not just by capturing supply, but also demand. The power of the dominant digital platforms—Google, Apple, Facebook, Amazon, [...]