October 09, 2019

40 Attorneys General to join anti-trust probe against Facebook

[ by Legal Era News Network ]


Nearly 40 state attorneys general are set to join probe against Facebook's anti-competitive business practices.

They met officials from the Justice Department and Federal Trade Commission (FTC) in Washington, DC, on Monday, reports Market Watch.

"We held bipartisan conversations with attorneys general from around the country and key officials at both the US Department of Justice and the Federal Trade Commission about our investigation into Facebook," New York Attorney General Letitia James was quoted as saying.

A bipartisan coalition led by New York attorney general has launched an investigation into Facebook to understand whether it stifled competition and put users at risk.

"I'm launching an investigation into Facebook to determine whether their actions endangered consumer data, reduced the quality of consumers' choices, or increased the price of advertising," James had tweeted.

In a stern warning to tech giants, the US House antitrust committee has opened probes into Facebook, Google, Apple, Amazon and other tech giants to determine if they prevent competition and hurt consumers.

The investigation's core is the idea that "the Internet is broken".

Related Post

latest News

  • The determination of disputes concerning the validity of the imposition of a statutory due arising out of a “deficiency in service”, can be undertaken by the consumer fora: SC

    A bench of Justices N.V. Ramana, Mohan M. Shantanagoudar and Ajay Rastogi ruled that the determination of disputes concerning the validity of the impo...

    Read More
  • Clifford Chance Seoul Managing Partner Leaves Firm

    Clifford Chance’s Seoul office managing partner is leaving the firm as departures continue from the Magic Circle firm’s outpost in the South Korea...

    Read More
  • Mumbai Bench Of NCLT Initiates Corporate Insolvency Resolution Process Against D S Kulkarni Developers Limited

    The Mumbai bench of the National Company Law Tribunal (NCLT) has initiated a corporate insolvency resolution process against D S Kulkarni Developers L...

    Read More