TECH – An antitrust investigation is happening around Mark Zuckerberg‘s company, Facebook.
No less than 46 state attorneys general have joined an antitrust investigation, led by New York, into Facebook. It’s a bipartisan thing, so both Democratic and Republican support is behind the case. „After continued bipartisan conversations with attorneys general from around the country, today I am announcing that we have vastly expanded the list of states, districts, and territories investigating Facebook for potential antitrust violations. Our investigation now has the support of 47 attorneys general from around the nation, who are all concerned that Facebook may have put consumer data at risk, reduced the quality of consumers’ choices, and increased the price of advertising. As we continue our investigation, we will use every investigative tool at our disposal to determine whether Facebook’s actions stifled competition and put users at risk,” Letitia James, the New York Attorney General, said in a statement. „By working together, state attorneys general are leading the way in ensuring digital platforms respect consumer privacy and do not engage in anticompetitive behaviour,” Arizona Attorney General Mark Brnovich (Republican) added. „Social media is a critical part of doing business in today’s economy. Any effort by Facebook to unlawfully stifle competition could cause wide-ranging harm to smaller companies, restrict consumer choice, and increase costs for all,” Connecticut Attorney General William Tong said.
Previously, we wrote about how Mark Zuckerberg, the founder and head of Facebook, continues to protect his interests and defend his stance (while also attacking a Democrat presidential candidate as well). However, his company already got a massive fine via the Cambridge Analytica data scandal, which made the company’s business practices and approach competition questionable.
„Earlier this year, state attorneys general opened a similar bipartisan probe of Google, an investigation that centres on its advertising practices and could easily expand to cover other elements of the company’s business,” the Washington Post reported. The US’ Justice Department is also probing Facebook and Google, while the Federal Trade Commission has started an investigation into Facebook and Amazon.
So, more and more support is stacking up against Facebook, and some changes might happen shortly.
Source: WCCFTech
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