The Federal Trade Commission (FTC) asked a judge to dismiss Intercontinental Exchange (ICE) and Black Knight‘s claims over the agency’s constitutionality and separation of power as “impertinent” and “immaterial.”

The FTC, which is trying to prevent a merger between the two mortgage tech firms, said the two companies made “bare statements of legal conclusions that fail to meet the required pleading standards,” according to a filing made this week. 

“First, [ICE and Black Knight] concede that the constitutional issues they have raised as counterclaims are not required to decide the FTC’s request for a preliminary injunction,” the FTC said, details ⇒

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