A small group of mobile application developers have filed a lawsuit against Facebook for allegedly squashing competitors and seeking class-action status…
Facebook has been named as a defendant in a new lawsuit. The civil action, filed by four mobile application developers, claims the social media giant allegedly revoked access to data as part of an attempt to wrongfully stifle competition.
Mobile App Developers Sue Facebook for Allegedly Shutting Out Competition
App devs are seeking class-action status in a lawsuit against Facebook for allegedly repressing competition:
“The net effect of Facebook’s anticompetitive scheme is one of the largest unlawful monopolies ever seen in the United States—one protected by a far-reaching and effectively impenetrable barrier to entry arising from feedback loops and powerful network effects.”
Facebook also continues to face scrutiny by governments around the world, due to its sheer size and because of its user data collection practices. Prominent politicians and consumer advocate groups have called for the regulation and/or break-up of the company.
Facebook has publicly responded to the lawsuit, writing in a statement:
“We operate in a competitive environment where people and advertisers have many choices. In the current environment, where plaintiffs’ attorneys see financial opportunities, claims like this aren’t unexpected but they are without merit.”