From CNET.com….
A federal judge dismissed on Monday lawsuits filed by the Federal Trade Commission and a group of state attorneys general that alleged Facebook had illegally squashed competition to hold onto monopoly power in social networking.
Filed by the FTC and most states last year, the two lawsuits accuse Facebook of buying rival social networks rather than competing with them as part of an effort to reduce competition. As a result, consumers have fewer choices in social networking, an environment that allows Facebook to benefit by gathering personal data from users, the FTC and states alleged.
