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Facebook market cap tops US$1 trillion as antitrust lawsuit thrown out by US judge

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Facebook Inc (NASDAQ:FB) has scored a victory in the ongoing legal battle over its market position after a US judge dismissed an antitrust complaint filed against the social media giant by the Federal Trade Commission. Overnight, the judge ruled that the FTC had not provided sufficient evidence the prove that Facebook was a monopoly, however, the case itself was not dismissed meaning the regulator can refile another complaint if it chooses to do so.

...read full article on Proactive Investors

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