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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Facebook Inc    FB

FACEBOOK INC

(FB)
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U.S. judge in Facebook antitrust lawsuits sets March, April deadlines for responses

01/13/2021 | 03:19pm EST
FILE PHOTO: A Facebook logo is displayed on a smartphone in this illustration

WASHINGTON (Reuters) - The judge overseeing separate lawsuits against Facebook by the Federal Trade Commission and a big group of states set a March deadline for the social media company to respond, according to a court filing on Wednesday.

The regulator and state attorneys general sued Facebook in December with allegations that the company broke the law to disadvantage smaller rivals.

U.S. District Judge James Boasberg in the District of Columbia said that Facebook had until March 10 to respond to the two complaints, and the states and FTC then had until April 7 to respond.

The judge also said that he would not immediately rule on a motion to consolidate the two cases.

(Reporting by Diane Bartz; editing by Grant McCool)


© Reuters 2021
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Financials (USD)
Sales 2020 83 785 M - -
Net income 2020 27 084 M - -
Net cash 2020 60 362 M - -
P/E ratio 2020 29,2x
Yield 2020 -
Capitalization 782 B 782 B -
EV / Sales 2020 8,61x
EV / Sales 2021 6,76x
Nbr of Employees 56 653
Free-Float 83,8%
Chart FACEBOOK INC
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Technical analysis trends FACEBOOK INC
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 51
Average target price 321,73 $
Last Close Price 274,50 $
Spread / Highest target 36,6%
Spread / Average Target 17,2%
Spread / Lowest Target -29,0%
EPS Revisions
Managers and Directors
NameTitle
Mark Elliot Zuckerberg Chairman & Chief Executive Officer
Sheryl Kara Sandberg Chief Operating Officer & Director
David M. Wehner Chief Financial Officer
Michael Todd Schroepfer Chief Technology Officer
Atish Banerjea Chief Information Officer
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