Forty state attorneys general to take part in Facebook probe
As many as 40 state attorneys general intend to join a New York-led investigation of Facebook Inc. for anti-competitive business practices, the latest and most potentially treacherous obstacle yet for the social-networking giant.
“Today, we held bipartisan conversations with attorneys general from around the country and key officials at both the U.S. Department of Justice and the Federal Trade Commission about our investigation into Facebook,” James said. Facebook FB, -0.54% , which agreed to pay a $5 billion settlement with the FTC in July for privacy violations, is being investigated by the FTC for its business practices as part of a possible federal government crackdown on Big Tech. The FTC is also looking at Amazon.com Inc. AMZN, -0.83% , while the Justice Department is spearheading probes of Apple Inc. AAPL, -0.10% and Alphabet Inc.’s GOOGL, -0.80% GOOG, -0.80% Google.
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