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Nearly Every State Is Investigating Facebook For Potential Antitrust Violations

Share to facebook Share to twitter Share to linkedin California has not publicly said whether it would join the investigation. Chesnot / Getty Images Topline: New York Attorney General Letitia James announced Tuesday that 47 states are now investigating Facebook for possible antitrust violations, ramping up the legal pressure on the social network as bipartisan […]

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Facebook tops revenue estimates as FTC opens new antitrust probe

Facebook Inc. is still adding users and exceeding analysts’ estimates for advertising sales, showing that the size and power of its social network have so far been unhindered by new regulatory constraints and criticism of its business model. In its second-quarter earnings report, the company also disclosed that the U.S. Federal Trade Commission, which earlier

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US House to deliver final report on big tech antitrust probe in ‘first part’ of 2020

  By Mikey Campbell Friday, October 18, 2019, 01:39 pm PT (04:39 pm ET) The U.S. House of Representatives Judiciary Committee expects to deliver a final report on an investigation into potential antitrust breaches by big technology companies, including Amazon, Apple, Facebook and Google, in the first part of 2020. Antitrust panel chair Rep. David

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Facebook founder Chris Hughes joins George Soros, Pierre Omidyar in $10 million antitrust effort

Hughes and the organization he co-chairs, the Economic Security Project, are set to announce Thursday the launch of a $10 million “anti-monopoly fund.” Backed by a series of high-profile philanthropies, including the George Soros-financed Open Society Foundations and the Omidyar Network, created by a founder of eBay, the new effort aims to shine a spotlight

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Roughly 40 state attorneys general plan to take part in Facebook antitrust probe

The people requested anonymity to discuss the investigation because such inquiries are confidential. The people said that New York continues to solicit support from other states, meaning the number could grow before it is formally announced. A spokesperson for James in New York declined to comment. On Monday, Facebook pointed to its previous statement from

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House lawmakers ask Apple, Amazon, Facebook and Google to turn over trove of records in antitrust probe

Rep. David N. Cicilline (D-R.I.), left, chair of the House Judiciary antitrust subcommittee, speaks alongside Rep. F. James Sensenbrenner Jr. (R-Wis.) during a hearing with representatives from major tech companies July 16 on Capitol Hill. (Patrick Semansky/AP) A congressional antitrust investigation into Amazon, Apple, Facebook and Google entered a new phase Friday, after lawmakers called

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House Antitrust Panel Seeks Documents From 4 Big Tech Firms

Congress showed the breadth of its investigation into the big tech companies on Friday, making a public demand for scores of documents, including the personal emails and other communications from dozens of top executives. Republicans and Democrats alike on the House Judiciary Committee, which is investigating the market power and behavior of the companies, sent

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Will the big multi-state antitrust investigation of Google affect marketers? – Econsultancy

On Monday, the rumors of a large state-led antitrust investigation of Google were confirmed when the attorneys general of 48 US states and two territories announced that they are launching a multi-state, bipartisan investigation of the search giant’s businesses. “There is nothing wrong with a business becoming the biggest game in town if it does

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Google antitrust investigation to focus on advertising business

The state attorneys general antitrust investigation into the new probe will focus on Google’s advertising business, “but the facts will lead where the facts lead.” At a press conference Monday, attorneys general emphasized Google’s dominance in the ad market and use of consumer data. Then faces an investigation over claims its driving competitors out of

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48 states are probing Google on antitrust grounds. Why isn’t California?

Attorneys general from nearly every U.S. state have jointly launched an investigation into Google’s “potential monopolistic behavior.” Notable for its absence: California, Google’s home state. Citing a need to protect the integrity of “potential and ongoing investigations,” Atty. Gen. Xavier Becerra declined to say why he refused to join the chief law enforcement officers of

48 states are probing Google on antitrust grounds. Why isn’t California? Read More »

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