Facebook probe in final stages as FTC, dozens of US states prepare to sue social media giant

//Facebook probe in final stages as FTC, dozens of US states prepare to sue social media giant

Facebook probe in final stages as FTC, dozens of US states prepare to sue social media giant

The Federal Trade Commission and a bipartisan group of dozens of state attorneys general are in the final stages of filing one or more major antitrust complaints against Facebook in early December, according to four sources familiar with the situation.FTC staff undertaking a probe of the company has recommended to commissioners that they sue the social media company in federal court, which would allow the group of states, led by New York, to join the lawsuit, according to one source.As many as…

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By | 2020-11-20T01:52:30+00:00 November 20th, 2020|Technology|Comments Off on Facebook probe in final stages as FTC, dozens of US states prepare to sue social media giant