News

United states Department of Justice, at the opening of the Facebook anti-trust investigation, the source

WASHINGTON (Reuters) – The U.S. Justice department will open an antitrust investigation of Facebook Inc’s (FB.Oh, a person familiar with the matter said on Wednesday, marking the fourth of the recent anti-trust probe by the social media company.

A FILE PHOTO of Stickers bearing the Facebook logo is pictured at the Facebook Inc. F8 developers conference in San Jose, California, united states, April 30, 2019. REUTERS/Stephen Lam/File Photo

Facebook is also facing probes by the us Federal Trade Commission (FTC), a group of state attorneys general led by New York and the House of Representatives Judiciary Committee.

The major tech companies, including Apple Inc’s (AAPL.(O) Amazon.com Inc. (AMZN.And Alphabet, Inc. ‘ s (GOOGL.O) and Google, are increasingly on the defensive in the last few years, about to expire, such as privacy violations, and the wider market impact.

Facebook has to face with additional control to be bound to what the platforms are to be used in the 2016 US presidential election.

The company is the owner of the one-time rivals, Instagram, and WhatsApp, and it has about 2.4 million monthly active users and recently paid for the $5-billion arrangement for the sharing of the 87 million users’ data with their British political consulting firm in Cambridge Analytica.

Facebook declined to comment on Wednesday.

Reuters and others have reported, in June, the two federal agencies had distributed the responsibility for the companies that are being investigated by the Justice Department to take on Google and Apple, as the FTC looking into Facebook, and Amazon.

The Ministry of Justice later said it was opening a probe of the online platform. It did not specify what, but said it would consider the concerns raised about the & quot; search, social media, retail, and services online.

Neither agency has revealed that the majority of the research on Facebook, but the Wall Street Journal reported that the FTC probe is focused on the company’s business acquisitions.

The world’s largest social network, purchased for almost 90 companies, which, in 2003, showed data of the S&P’s Global.

The Justice Department’s antitrust chief, has told a technology conference in August that the government is looking for in a previously approved acquisitions, as part of a broad review.

This has led some industry observers to question whether the two federal studies would be needed.

Lawmakers, especially Sen. Mike Lee, chairman of the Senate Judiciary Committee’s antitrust panel, criticized the appearance of a trap, in a public hearing last week.

The agencies have, in general, the practice of the assembly in order to decide who will research which is of interest to you, but that the COMMISSION not probe, certain areas, for example, price-fixing.

The probe into Facebook, by the attorney-general, announced earlier this month, is being led by New York city and also Colorado, Florida, Iowa, Nebraska, North Carolina, Ohio, Tennessee, and the District of Columbia.

New York’s Attorney General, Letitia James, said that the investigation would look into whether Facebook actions had endangered the data on the consumer, reduction in the quality of consumers ‘ choices, or the price of the advertisement.

Reporting by Diane Bartz; Additional reporting by Katie Paul; Editing by Lincoln Feast, Cushing, and Christopher

Follow us

Don't be shy, get in touch. We love meeting interesting people and making new friends.

Most popular