LinkedIn Accused in Lawsuit of Operating Monopoly on Networking

LinkedIn Corp. uses its vast trove of user data and sophisticated artificial intelligence to maintain a monopoly over the professional social media market, according to a proposed class-action lawsuit.

• Suit was filed Thursday on behalf of three users who say LinkedIn’s monopoly position allows it to overcharge them for its premium service
• Complaint cites “plausible inference” that LinkedIn and Facebook secretly agreed “expressly or tacitly” around 2015 not to compete with each other in violation of antitrust laws. Suit says Facebook has not -- despite earlier planning -- come out with its own professional social media platform
• Users are asking ...