Thursday 19 September 2019

Facebook subject of US competition probe

New York AG Letitia James
New York AG Letitia James

Several US state attorneys general (AGs) will investigate Facebook on whether the social network stifled competition and put users at risk, days after reports that Google would face an antitrust probe from a host of attorneys general.

Technology companies are facing a backlash in the United States and across the world, fuelled by concerns among competitors, lawmakers and consumer groups that the firms have too much power and are harming users and business rivals.

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Facebook, which owns one-time rivals Instagram and WhatsApp and has more than 1.5 billion daily users, has wide influence in many countries and has been criticised for allowing misleading posts and so-called "fake news" on its service.

Google too has faced accusations that its web search service, which has become so dominant that it is now a verb, leads consumers to its own products at the cost of competitors.

"I'm launching an investigation into Facebook to determine whether their actions endangered consumer data, reduced the quality of consumers' choices, or increased the price of advertising," tweeted New York AG Letitia James, who is leading the bipartisan probe.

Reuters

Irish Independent

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