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Facebook Hits $1 Trillion Market Cap After FTC’s Antitrust Lawsuit Is Dismissed

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thewrap.com
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the case to be thrown out, claiming the FTC failed to prove the company has harmed consumers or that it’s built a social media monopoly.Facebook’s stock boost helped CEO Mark Zuckerberg’s net worth swell even more on Monday.

Zuckerberg added $5 billion to his name on Monday, according to Forbes’ Billionaires Tracker, helping him leapfrog Microsoft co-founder Bill Gates as the world’s fourth-richest person.

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