'A Major Step Forward': Multi-State Probe Targets Facebook's Possible Antitrust Violations

September 11, 2020 0 By JohnValbyNation

A bipartisan group of state attorneys general announced Friday that they’ve launched a probe of possible antitrust violations by Facebook.

“Even the largest social media platform in the world must follow the law and respect consumers,” said New York Attorney General Letitia James, who’s leading the coalition, in a statement.

“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,” said James.

Other states involved in the investigation, according to statement from James’s office, are Colorado, Florida, Iowa, Nebraska, North Carolina, Ohio, and Tennessee, as well as the District of Columbia.

The development was welcomed by Sarah Miller, deputy director of the Open Markets Institute, who called the probe “a major step forward in the broadening effort on the part of our democratic institutions to address Facebook’s monopoly power.”

“This investigation,” Miller said in her statement, “will also serve to put further pressure on federal enforcers, who have a track record of inaction, to protect consumers, competitors, and our democracy from the range of dangers that Facebook’s extraordinary power presents.”