Day: June 28, 2021

Judge Dismisses Government Antitrust Lawsuits Against Facebook

A federal judge on Monday dismissed antitrust lawsuits brought against Facebook by the Federal Trade Commission and a coalition of state attorneys general, dealing a significant blow to attempts by regulators to rein in tech giants. U.S. District Judge James Boasberg ruled Monday that the lawsuits were “legally insufficient” and didn’t provide enough evidence to prove that Facebook was a monopoly. The ruling dismisses the complaint but not the case, meaning the FTC could refile another complaint. “These allegations — which do not even provide an estimated actual figure or range for Facebook’s market share at any point over the past 10 years — ultimately fall short of plausibly establishing that Facebook holds market power,” he said. The U.S. government and 48 states and districts sued Facebook in December 2020, accusing the tech giant of abusing its market power in social networking to crush smaller competitors and seeking remedies that could include a forced spinoff of the social network’s Instagram and WhatsApp messaging services. The FTC had alleged Facebook engaged in a “a systematic strategy” to eliminate its competition, including by purchasing smaller up-and-coming rivals like Instagram in 2012 and WhatsApp in 2014. New York Attorney General Letitia James said when filing the suit that Facebook “used its monopoly power to crush smaller rivals and snuff out competition, all at the expense of everyday users.” Boasberg dismissed the separate complaint made by the state attorneys general, as well. 
 

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Biles Leads Band of Olympic Newcomers to Tokyo

Asked to sum up her friendship with training partner and four-time Olympic gold medalist Simone Biles, Jordan Chiles doesn’t mince words: “She’s my ride-or-die.” With the Olympic trials wrapped up on Sunday, the 20-year-old is one of five Olympic newcomers set to compete for the highly decorated U.S. gymnastics team in Tokyo this summer, with 2016 veteran Biles, 24, one of the most decorated competitors in the history of the sport, leading the way. Chiles, who ranked third overall during the two-day competition at St. Louis, Missouri, nearly quit the sport in 2018 and said she credits Biles with helping her to this point in her career. FILE – Simone Biles, left, and Jordan Chiles look over a rotation schedule during practice for the senior women’s competition at the 2019 U.S. Gymnastics Championships, in Kansas City, Mo., Aug. 11, 2019.”I thank her 24/7 and it’s something that I wish a lot of people had that same experience,” said Chiles. “She will forever be my partner in crime.” Sunisa Lee, 18, who came in second behind Biles in the all-around at the nationals and finished with a higher score on the second night, and 18-year-old Grace McCallum rounded out the four-person team. MyKayla Skinner, 24, who was a designated replacement athlete in 2016 but did not compete, picked up the individual quota spot after Jade Carey, 21, previously qualified for an individual spot through World Cup performances. As the only returning member of the Rio Olympics’ gold medal-winning “Final Five,” Biles is well aware of the outsized responsibility she has on the team. “I’m old, I feel like I have a lot of wisdom,” said Biles, “I’ve been here before, so I just want to keep everybody cool, calm and collected.” The U.S. will begin their Olympic title defense July 25, in Tokyo’s Ariake Gymnastics Centre.  
 

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