Does Facebook have a monopoly over your data? Network faces antitrust scrutiny
Does Facebook’s dominance put users at risk? A new bipartisan coalition consisting of the attorneys general from eight states and the District of Colombia is now investigating the social media giant for antitrust violations, alleging Facebook “stifled competition” in a way that may have impacted user data and ad prices. New York Attorney General Letitia James confirmed the investigation on Friday, September 6.
“Even the largest social media platform in the world must follow the law and respect consumers,” James said in a statement. “I am proud to be leading a bipartisan coalition of attorneys general in investigating whether Facebook has stifled competition and put users at risk. We will use every investigative tool at our disposal to determine whether Facebook’s actions may have endangered consumer data, reduced the quality of consumers’ choices, or increased the price of advertising.”