BREAKING: Facebook Has 8 States That Want To #DeleteFacebook Via An Antitrust Investigation
Facebook may be in very deep trouble. The Washington Post in the last few minutes has posted a story that says the following:
New York Attorney General Letitia James released a statement announcing a bipartisan coalition investigating the social media company. The probe includes the attorneys general of Colorado, Florida, Iowa, Nebraska, North Carolina, Ohio, Tennessee and the District of Columbia, according to a press release by James’s office, which said the investigation “focuses on Facebook’s dominance in the industry and the potential anticompetitive conduct stemming from that dominance.”
And that literally all that the story says. At least at 8:30 AM. More details will be coming shortly, but you have to imagine that for Mark Zuckerberg and company, this is not good news to wake up to this Friday morning. And that’s on top of a US senator who wants to see Zuckerberg take a trip to the grey bar hotel.
UPDATE: The Washington Post story has been updated with this text:
New York is leading a multistate investigation of Facebook for possible antitrust violations, Attorney General Letitia James announced Friday, kicking off a bipartisan wave of independent state inquiries targeting the social media giant as well as Google’s parent company, Alphabet.
James will work with the attorneys general of Colorado, Florida, Iowa, Nebraska, North Carolina, Ohio, Tennessee and the District of Columbia on an inquiry focused on “Facebook’s dominance in the industry and the potential anti-competitive conduct stemming from that dominance,” according to a news release.
And there’s this telling Tweet that’s part of the story:
BREAKING: 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.
The largest social media platform in the world must follow the law.
— NY AG James (@NewYorkStateAG) September 6, 2019
Facebook has not commented yet. Likely because they’re too busy freaking out.
September 9, 2019 at 8:46 pm
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