US Officially Joins Investigation for Anti-Trust Probe Against Facebook

New York: In fresh trouble for Facebook, 47 attorneys general in the US have officially joined an investigation into Facebook for its anti-competitive market practices. New York Attorney General Letitia James said the investigation now has the support of 47 attorneys general from around the nation, “who are all concerned that Facebook may have put consumer data at risk, reduced the quality of consumers’ choices, and increased the price of advertising”. “We will use every investigative tool at our disposal to determine whether Facebook’s actions stifled competition and put users at risk,” James said in a statement late Tuesday. The investigation launched last month with support from attorneys general from eight states — New York, Florida, Colorado, Iowa, Nebraska, North Carolina, Ohio, Tennessee and Washington, DC. Facebook had earlier said it will work “constructively” with the attorneys general and engage with policymakers in a discussion about the competitive environment. “Social media is a critical part of doing business in today’s economy. Any effort by Facebook to unlawfully stifle competition could cause wide-ranging harm to smaller companies, restrict consumer choice, and increase costs for all,” said Connecticut Attorney General William Tong. (IANS)

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