Antitrust Probe Of Facebook May Be First Step Against Big Tech
Daniyal Sohail Published September 07, 2019 | 12:50 PM
A coalition of US states unveiled on Friday an antitrust investigation of Facebook, the first of what is expected to be a wave of action against dominant technology firms
Washington, (UrduPoint / Pakistan Point News - 7th Sep, 2019) :A coalition of US states unveiled on Friday an antitrust investigation of Facebook, the first of what is expected to be a wave of action against dominant technology firms.
New York state Attorney General Letitia James announced the action on behalf of seven other states and the District of Columbia to probe "whether Facebook has stifled competition and put users at risk." The case may be the first in a series of antitrust actions against Big Tech firms and highlights growing "techlash," based on worries about platforms which control the flow of online information and dominate key economic sectors.
"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," James said.
Joining the action were attorneys general of Colorado, Florida, Iowa, Nebraska, North Carolina, Ohio, and Tennessee, said James.
Earlier this year the US Department of Justice said it would launch a "review" of major online platforms to determine if they have stifled innovation or reduced competition.
It was not immediately clear if the states would be working in coordination with Federal officials.
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