Social media platform LinkedIn would use its vast wealth of user data and cutting edge technology to maintain a monopoly on the corporate social media market. This is apparent in a lawsuit filed against the company in the United States. LinkedIn called the claims unfounded in a response.
The lawsuit was filed on behalf of three users who say the monopoly position allows LinkedIn to charge too much for its premium service. According to the complainants, LinkedIn would also have struck a deal with Facebook, which previously had plans to come up with a business platform. However, those plans were never carried through.
Among other things, the users are asking for damages and also want the judge to stop LinkedIn from its “unlawful and anti-competitive behavior”.
LinkedIn, which is part of tech group Microsoft, says it will defend itself against the allegations.
LinkedIn accused of maintaining network monopoly
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