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Under Pressure: Facebook Faces Antitrust Probes
September 13, 2019
|AppleMagazine
Facebook has barely shaken offa record $5 billion fine by U.S. regulators over its privacy practices but it already faces new investigations — not to mention ongoing ones — into potential antitrust violations and other issues.
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Now, a group of state attorneys generals led by New York’s Letitia James is piling on with its own antitrust investigation into Facebook.
For a decade, Facebook had largely been trusted to regulate itself and keep its 2.4 billion users’ interests at heart. Then came Russian meddling in the 2016 elections, fake news and the Cambridge Analytica scandal, in which a political data-mining firm affiliated with Donald Trump’s presidential campaign improperly accessed the personal data of as many as 87 million users.
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