Executive Summary
A novel theory of antitrust law may be tested in the case of FTC v. Facebook. This case focuses on how pricing might be monopolistic even when the goods delivered to end users are priced at zero. An illegal assertion of monopoly power is then charged with violating the FTC Act. The main allegation is that Facebook has taken a “buy or bury” approach to its rivals in order to defend its social media monopoly. The case is due to be tried around mid-2024. If successful, the government could win a divestiture order and dismantle the company. While considerable
