Facebook antitrust probe grows as dozens of states join New York
"Big Tech must account for its actions," Louisiana Attorney General Jeff Landry, whose state joined the probe, said in the statement. "I am proud to join my Republican and Democrat colleagues in efforts to ensure Tech Giants can no longer hide behind complexity and complicity."
Facebook didn't immediately return a message seeking comment.
The company's shares dropped 2.1% as of 11:28 a.m. in New York trading.
The expansion of the probe is the latest sign that states are continuing to take aim at Big Tech, with a similar investigation led by Texas under way against Alphabet Inc.'s Google. The state probes target a wide range of practices that generate billions of dollars in revenue for the world's biggest social-media company and the largest seller of search-based advertising.
On Monday, James hosted a meeting of policy experts to discuss the strengths and weaknesses of various antitrust legal theories involving Facebook, according to a person familiar with the gathering. They also reviewed Facebook's acquisitions of Instagram and WhatsApp, as well as privacy issues and the company's power in the digital-advertising market, the person said. The Wall Street Journal first reported the meeting.
James and a bipartisan group of state attorneys general met earlier this month with key officials at the Justice Department and the U.S. Federal Trade Commission to discuss the investigation. Both agencies are also investigating Facebook. The meetings raised the prospect that the states could join the federal probes, similar to the way states collaborated with the epic U.S. antitrust case against Microsoft Corp. that started in the 1990s.
In addition to the federal and state probes, Facebook is also under investigation by the House Judiciary Committee, which is conducting a broad review of the control the big internet platforms have over the economy.
Europe has ordered chipmaker Broadcom to stop applying exclusivity clauses in agreements with six of its major customers - imposing so called 'interim measures' based on preliminary findings from an ongoing antitrust investigation. The move
Facebook hasn't been quiet about copying features made popular by Snapchat and adding them to Instagram and its other apps. Apparently Snap, the parent company of the Snapchat app, kept track of Facebook's competitive moves
Facebook hasn't been quiet about copying features made popular by Snapchat and adding them to Instagram and its other apps. Apparently Snap, the parent company of the messaging app, kept track of Facebook's competitive moves
More News in Technology
The new Exotic quest for the Leviathan's Breath Exotic bow is officially live. Revolving around building a bow with everyone's favorite gunsmith, Banshee-44, this quest will have you killing enemies all across the solar system.
The Sims 4's college expansion pack, Discover University, is coming to PC on November 15th and consoles on December 17th. Simmers everywhere can now breathe a deep sigh of relief that
The Sims 4 is taking players to school with the Discover University expansion, set to launch later this fall, Nov. 15 on PC and Mac, then later on PS4 and Xbox One, Dec.
Your Google Home speakers and displays get firmware updates fairly often, but they're installed automatically and you usually don't notice. However, it seems one of the recent Google Home firmware updates has been bricking some
has officially announced its latest expansion - and this one has been one of the most-requested by fans for years. Yes, The Sims 4 is finally going to university with The Sims 4: Discover University,