The social network says the Federal Trade Commission's complaint is "without legal or factual support." The agency alleges Facebook buys promising rivals to stifle competition.
The regulator is taking another swing at Facebook after a judge tossed out its initial effort in June. It accused the social media giant of illegally maintaining a monopoly.
In an executive order aimed at promoting competition, President Biden is calling on the Federal Trade Commission to ban or limit noncompete agreements that affect tens of millions of workers.
In a new executive order, President Biden aims to kickstart competition for consumers, workers and farmers in ways both big and small, starting with a list of 72 initiatives.
The new Federal Trade Commission chair's first big challenge will be rewriting a lawsuit against Facebook that a federal court tossed out earlier this week.
The decision is a blow to the Federal Trade Commission and 48 state attorneys general, who were pushing for the federal court to break up the social media giant.
The state and federal officials say Facebook's acquisitions of WhatsApp and Instagram violated competition laws and served to stifle rivals by giving the social network an unfair advantage.
EU accuses Amazon of exploiting data collected from other sellers for its own benefit. These are the first formal charges against the retail giant in a spate of antitrust probes in Europe and the U.S.
An agreement worth up to $12 billion made Google the de facto choice for online search on millions of iPhones. Justice officials say the deal may be anticompetitive under U.S. law.
The antitrust lawsuit against Google is the most significant action the federal government has taken against a technology company in two decades. Google calls the lawsuit "deeply flawed."
House Democrats recommend Congress look at ways to force the companies to split off some of their businesses, saying the tech giants have exploited their power to benefit themselves and hurt rivals.
Senators pressed the tech giant on the scope and scale of its digital advertising business. Republicans repeated long-running allegations of conservative bias.
The CEOs tell Congress that the giant American tech companies do not stifle competition, saying the concern that too much power is concentrated in too few companies is unfounded.
The first congressional testimony by Jeff Bezos comes at a time when he and Amazon are seeming at their zenith, occupying ever-growing space in American culture.
Amazon has long resisted calls for such testimony, but a new letter to the House Judiciary Committee suggests Bezos is open to joining other tech CEOs at an antitrust hearing.
The proposed merger "is not reasonably likely to substantially lessen competition" in the mobile wireless market, the judge said. The deal would unite the nation's third- and fourth-largest carriers.
Nevada Attorney General Aaron Ford announced his office would join 47 other states in an investigation into Facebook for possible antitrust violations.
The top legal officials of 48 states, led by Texas Republican Attorney General Ken Paxton, announced a major investigation into Google's dominance in search and advertising.
