A lawsuit by the Federal Trade Commission and a group of state attorneys general alleging monopolistic practices by social media giant Facebook was thrown out of court on Monday.
According to the Associated Press, U.S. District Judge James Boasberg dismissed the case, calling the complaints “legally insufficient” and although he rejected the filing, he did not dismiss the case, leaving open the door to another complaint on the same allegations of violation of anti-trust laws. The judge indicated that the FTC could file a new complaint within 30 days.
He argued that there weren’t enough specifics in the lawsuits and that too much time had elapsed since Facebook acquired Instagram and WhatsApp, which were purchased in 2012 and 2014, according to The New York Times.
In response to the ruling, Facebook’s stock rose by 4.2 percent.
Money coming to college athletes?
College student athletes may soon be able to make money off the use of their name, image and likeness in the wake of a decision Monday by a NCAA body.
According to USA Today, the NCAA Division 1 Council recommended that “amateurism rules” be temporarily suspended, pending a decision Wednesday by the Division 1 Board of Directors.
Influencing the decision is a recent Supreme Court decision and the passage by 10 states of laws or executive orders allowing athletes to benefit financially from the use of their names, etc. Those new standards are to go into effect on Thursday, July 1. Similar action is under consideration by four other states.
Death toll from condo collapse at 11
Two more bodies were found in the debris of a 12-story condominium building near Miami on Monday, bringing the total to 11 lives lost.
According to United Press International, about 136 people have been accounted for, but about 150 remain missing. No survivors have been pulled from the collapsed structure since Thursday.
Rescue workers from as far as Mexico and Israel are on the scene, and robots, dogs and other means are being employed to try to find survivors, if there are any. The collapse could end up being the deadliest non-hurricane disaster in Florida history.
News organizations have reported that structural problems with the building have been alleged as early as 2018.
Categories: The Wider World
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