This post was originally published on this site
https://i-invdn-com.investing.com/news/23b3a6d7de6b510be2b9089fe2badb41_M.jpg
However, on December 1, FB requested that a U.S. court dismiss an antitrust lawsuit filed by the U.S. Federal Trade Commission (FTC) because the lawsuit has “no plausible factual support.” Also, the company requested that the court not to allow the lawsuit to be refiled because the FTC failed to provide adequate evidence that FB acted “illegally” to protect a monopoly.
FB shares have gained 4% in price over the past five days to close yesterday’s trading session at $322.81.
