Welcome to Hillicon Valley, The Hill's newsletter detailing all you need to know about the tech and cyber news from Capitol Hill to Silicon Valley. If you don't already, be sure to sign up for our newsletter by clicking HERE. Welcome and Happy Friday! Follow our cyber reporter, Maggie Miller (@magmill95), and tech team, Chris Mills Rodrigo (@millsrodrigo) and Rebecca Klar (@rebeccaklar_), for more coverage. A district court judge's decision earlier this week to dismiss the Federal Trade Commission's complaint against Facebook remained in the spotlight Friday, with congressional leaders on antitrust urging the agency to keep pursuing the case. Meanwhile, the FTC pushed forward with a different antitrust case — charging chip supplier Broadcom with monopolizing the market. BIG 4 BIG 4: Congressional leaders on antitrust are urging the Federal Trade Commission (FTC) to pursue its monopolization case against Facebook. In a letter Friday, Sens. Amy Klobuchar (D-Minn.) and Mike Lee (R-Utah) and Reps. David Cicilline (D-R.I.) and Ken Buck (R-Colo.) urged the regulatory agency's chief Lina Khan to pursue enforcement action against the social media giant despite an unfavorable court ruling earlier this week. U.S. District Court Judge James E. Boasberg sent the FTC's case back to the agency Monday, ruling that it had provided insufficient evidence for the claim that Facebook controls over 60 percent of the personal social networking market. The FTC was given 30 days to refile its complaint. The agency also has the option to file charges against Facebook through its in-house court. The lawmakers, who are the chairs and ranking members of the Senate and House subcommittees dedicated to antitrust, called on the FTC to "consider all available options under the law for ensuring that the Commission's claims receive a full and fair hearing before the court." Read more. |
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