US judge dismisses competition law complaints against Facebook

A federal judge in the United States has dismissed two complaints over alleged breaches of competition law by Facebook. Judge James Boasberg said the claims by the Federal Trade Commission were “unsupported”, and that the agency had not proven the social media giant was dominant in its sector. The news is a blow to efforts to rein in the power of big technology companies, although the FTC can file a new lawsuit within 30 days. Also today, the latest economic forecasts for France and China.

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