A judge on Monday dismissed the Federal Trade Commission’s (FTC) antitrust lawsuit against Facebook and a separate antitrust lawsuit brought by dozens of attorneys general. Both suits alleged the social media giant is violating antitrust law by buying up competitors and depriving consumers of alternatives that would better protect their privacy.
Facebook’s (FB) stock price was higher in late-afternoon trading, pushing the company’s market valuation past $1 trillion for the first time.
The FTC…
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