LinkedIn Settles Antitrust Lawsuit, Agrees to Make Changes

Business social network LinkedIn has agreed to make temporary changes to its contracting practices to settle a lawsuit by U.S. users who claimed it schemed to prevent potential rivals from entering the market.

The preliminary class action settlement, which does not include a financial payment, was filed on Friday in the federal court in San Francisco and requires a judge’s approval.

LinkedIn was accused in the 2022 lawsuit of illegally fashioning some business contracts to bar third-parties from competing with the company, allowing it to overcharge for premium services and upgraded account features.

Read more at The Economic Times