A federal district judge on Monday dismissed the Federal Trade Commission's antitrust complaint alleging Facebook engaged in anticompetitive practices.
Driving the news: The D.C. Court judge described the FTC's complaint as "legally insufficient" in making the case that Facebook has monopoly power in the personal social network market.
What's next: The order notes the FTC can refile its complaint.
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Eight states this year have banned transgender kids from playing on sports teams that match their gender identity, per data from the ACLU and bipartisan LGBTQ advocacy group Freedom For All Americans.
Why it matters: So far, almost all of the record number of bills targeting trans youth that have actually passed are focused on sports, suggesting that more laws of this kind could be incoming.
Just after midnight this past Sunday, 12 of the richest and best-known European soccer clubs announced an agreement to form what they called the Super League. By Wednesday morning, outcry from fans, politicians and other soccer organizations stopped the Super League in its tracks.
Axios Re:Cap is joined by Financial Times sports editor Murad Ahmed to discuss the Super League’s very short roller coaster ride, why it struck such a nerve, and how the financial motivations behind the Super League could reshape soccer even if the Super League is never revived.
New coronavirus infections fell by 16% over the past week — the third straight week of significant improvement.
Yes, but: The U.S. is still averaging roughly 165,000 new cases per day, meaning the virus is still spreading largely unchecked. And the rise of more contagious variants will ensure that Americans’ risk remains high.
Airbnb and DoorDash plan to go public in the next few weeks, capping off a very busy year for IPOs.
What's next: You ain't seen nothing yet.
