Blumenthal Statement on District Court Dismissal of FTC, State AGs Antitrust Suits Against Facebook

[WASHINGTON, D.C.] – Today U.S. Senator Richard Blumenthal (D-CT), a member of the Senate Judiciary Committee, released the following statement after the U.S. District Court for the District of Columbia dismissed antitrust suits brought against Facebook by both the FTC and a bipartisan coalition of state Attorneys General:

“Though I believe this opinion was wrongly decided, it certainly shows just how broken our antitrust laws are. The court rejected the FTC’s case because it wasn’t clear under our current antitrust laws that Facebook has a monopoly in online networking – a flabbergasting assertion given Facebook’s firm grip over consumers, their data, and the social media market. If that isn’t an open-and-shut case for updating our antitrust laws so that we can stand up to Big Tech, I don’t know what is. In the meantime, I expect the FTC to take the thirty days made available to them to amend their complaint.”

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