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(Reuters) - The U.S. Federal Trade Commission asked a court on Friday for more time to file an amended complaint in its antitrust lawsuit against Facebook Inc. The FTC asked the judge to extend his deadline for the complaint until Aug. 19, noting that Facebook did not oppose the delay. Judge James Boasberg of the U.S. District Court for the District of Columbia said the FTC's initial complaint failed to show that Facebook had monopoly power in the social networking market but said the FTC could file a new complaint by July 29. "The requested extension will provide sufficient time for plai...

Judge allows US FTC more time to file amended complaint against Facebook Judge James Boasberg of the US District Court for the District of Columbia granted the FTC's request for the extension, which was not opposed by Facebook The agency voted 3-2 last year to file the lawsuit against Facebook (Source: Reuters) Reuters Updated Jul 24, 2021, 10:42 AM IST A US judge on Friday gave the US Federal Trade Commission until Aug 19 to file an amended complaint in its antitrust lawsuit against Facebook Inc, an extension of three weeks from the previous deadline. Judge James Boasberg of the US Di...

Biden’s antitrust chair gets off to an aggressive start POLITICO 1 hr ago By Leah Nylen © Graeme Jennings-Pool/Getty Images The Federal Trade Commission's first meeting under new Chair Lina Khan broke decades of precedent by taking place in public. The Federal Trade Commission's first meeting under new Chair Lina Khan broke decades of precedent Thursday by taking place in public — something unheard-of for the notably secretive antitrust and consumer protection agency. Then it pushed through a series of actions on progressive Democrats' wish list: Fines for companies t...

POLITICO ‘Unlike anything I’ve seen at the FTC’: Biden’s chair makes her public debut Under Biden nominee Lina Khan, the agency met in public for the first time in decades — and split along party lines on an aggressive enforcement agenda. The Federal Trade Commission's first meeting under new Chair Lina Khan broke decades of precedent by taking place in public. | Graeme Jennings-Pool/Getty Images Link Copied The Federal Trade Commission's first meeting under new Chair Lina Khan broke decades of precedent Thursday by taking place in public — something unheard-of for the notably sec...

Graeme Jennings-Pool/Getty Images 25 Jun 2021 Robert Bork Jr., president of The Bork Group and son of the late Judge Robert Bork, told Breitbart News on Friday that Lina Khan, chair of the Federal Trade Commission, is a “celebrity lawyer” for the left planning to use  antitrust law to impose “woke standards” onto corporations. Khan worked at the left-wing and Democrat-aligned New America Foundation and is a graduate of Yale Law School. “She became [a] sort of a celebrity on the left in antitrust law,” Bork said on SiriusXM’s Breitbart News Daily with host Alex Marlow. “She h...