New York launches multistate antitrust investigation into Facebook « Khabarhub
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New York launches multistate antitrust investigation into Facebook


07 September 2019  

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NEW YORK:  New York is leading a multistate investigation of Facebook for possible antitrust violations, Attorney General Letitia James announced Friday, kicking off a bipartisan wave of independent state inquiries targeting the social media giant as well as Google’s parent company, Alphabet.

James will work with the attorneys general of Colorado, Florida, Iowa, Nebraska, North Carolina, Ohio, Tennessee and the District of Columbia on an inquiry focused on “Facebook’s dominance in the industry and the potential anti-competitive conduct stemming from that dominance,” according to a news release.

“Even the largest social media platform in the world must follow the law and respect consumers. I am proud to be leading a bipartisan coalition of attorneys general in investigating whether Facebook has stifled competition and put users at risk,” James said in a news release. “We will use every investigative tool at our disposal to determine whether Facebook’s actions may have endangered consumer data, reduced the quality of consumers’ choices, or increased the price of advertising.”

The Post previously reported that more than half the nation’s attorneys general are readying an investigation of Google, but it was unclear whether other tech giants such as Amazon would find themselves in the coalition’s crosshairs (Amazon CEO Jeff Bezos owns The Washington Post). The coalition of state attorneys general will formally announce the multi-state investigative effort Monday in Washington.
(Agencies)

Publish Date : 07 September 2019 11:20 AM

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