Facebook facing multistate antitrust probe over social media dominance

Under pressure Facebook faces antitrust probes

Google, Facebook to be hit with state antitrust probes

New York Attorney General Letitia James says a bipartisan coalition of state attorneys general is investigating Facebook for alleged antitrust issues. "Our goal is to determine whether Facebook's actions may have endangered user data, reduced the quality of consumers' choices, or stifled competition", said Miller.

Both groups of state attorneys general include Democrats and Republicans.

The attorneys common of Colorado, Florida, Iowa, Nebraska, North Carolina, Ohio, Tennessee, and the District of Columbia will be part of NY within the probe.

Separately, the Federal Trade Commission, which also enforces antitrust laws, is probing Amazon and Facebook to determine if they abused their massive market power in retail and social media, respectively. That ultimately could reduce viable alternatives for consumers looking, for instance, for comparable services that do less tracking for targeted advertising.

Facebook has previously claimed it is not a monopoly and said consumers can choose how to connect with friends online.

Google is that tech giant company which is facing related antitrust controversies at a more significant level.

Texas AG Ken Paxton on Friday said he will kick off a probe into potentially anticompetitive tactics by large tech companies on Monday, leading a team of law-enforcement heads from as many as three-dozen states. This law will be applied to those companies which break any antitrust laws, and big corporations are already anxious about it. Google spokesperson said the tech company's services help people to discover new things, products, and they will continue to work with regulators on these issues. So far, big tech companies have faced a considerable amount of problems when it comes to data protection or content creation.

The action by the attorneys general, which has been anticipated for weeks, could possibly be expanded to other companies beyond Google and Facebook, some of the people said.

Maurice Stucke, a University of Tennessee law professor, said he expects one of the areas being investigated will be online advertising markets, which are dominated by Google and Facebook. "This underscores the competition we face, not only in the United States but around the globe". The company said it has already responded to many government agencies around the world on how it conducts its businesses and expects state attorneys general to ask similar questions.

But Big Tech won't be an easy target. Current interpretations of US law against monopolies don't obviously apply to companies offering cheap goods or free online services.

But Stucke said it would be wrong to view antitrust law as exclusively focused on consumer prices, and that it may be applied to questions of competition and innovation.

Latest News