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April 10, 2026
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Software and technology

Facebook faces groundbreaking antitrust lawsuit

December 10, 2020

Federal Trade Commission files lawsuit against Facebook. Image credit: Facebook

 

By Luxury Daily News Service

The United States Federal Trade Commission (FTC) sued social media conglomerate Facebook for illegally maintaining its personal social networking monopoly through a years-long course of anticompetitive conduct.

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  1. Louis Vuitton announces Regeneration 2030
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  3. Cartier, The King’s Foundation create fellowship for fine watchmakers
  4. Mandarin Oriental refreshes The Landmark, Hong Kong
  5. De Beers supports Desert Diamonds with bridal addition
  6. 62pc of HNWIs now worried about geopolitical instability related to Iran war: Altiant
  7. American Express cardmember spend up 25pc with improved customer experience
  8. Gigi Hadid fronts new leather goods campaign from Miu Miu
  9. The 1916 Company sets up shop on Manhattan Beach
  10. Luxury Daily releases new 40-page State of Luxury 2018 report polling industry insiders
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