Facebook faces antitrust probe from state attorneys general
Sept 6 - Several U.S. state attorneys general will investigate Facebook Inc 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.
Attorneys general investigating the company also include those of Colorado, Florida, Iowa, Nebraska, North Carolina, Ohio, Tennessee, and the District of Columbia, a statement said. "People have multiple choices for every one of the services we provide. We understand that if we stop innovating, people can easily leave our platform.
Technology companies are facing a backlash in the United States and across the world, fueled by concerns among competitors, lawmakers and consumer groups that the firms have too much power and are harming users and business rivals. In July, the U.S. Justice Department said it was opening a broad investigation of major digital technology firms, focusing on whether they engage in anticompetitive practices. The investigation is believed to target Google, Amazon.com Inc and Facebook, and potentially Apple Inc.
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