Washington:
US regulators Thursday refiled a lawsuit accusing Facebook of sustaining an illegal monopoly in social networking, two months right after the case was dismissed by a judge.
In the amended complaint, the Federal Trade Commission mentioned Facebook’s dominance “is protected by high barriers to entry,” and that “even an entrant with a superior product cannot succeed against the overwhelming network effects enjoyed by an incumbent personal social network.”
The new complaint alleges that Facebook has cemented its dominant position by acquiring possible rivals such as Instagram and WhatsApp.
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