FTC seeks extension to reform Facebook antitrust

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The Federal Trade Commission asked a federal judge on Friday to give it more time to re-file. antitrust lawsuit against Facebook, the agency’s biggest test in harnessing the power of big technology.

In an application to the U.S. District Court for the District of Columbia, the agency requested a three-week extension, or until August 19, for the amendment. a case the court rejected last month. In its request, the FTC said it had reached an agreement with Facebook on the proposed extension.

Last month, federal court Judge James E. Boasberg Destroyed a fundamental argument made by the FTCHe said prosecutors failed to provide enough convincing facts to support the claim – that Facebook has a monopoly on social networks. However, the judge gave the FTC a 30-day deadline to re-file his case.

The new lawsuit will be the first major action of Facebook, Google and Amazon critic Lina Khan, who is the new head of the FTC and advocates the dissolution of digital platforms.

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