Report says US may file antitrust charges against Facebook as soon as November

NEW YORK: Facebook Inc may face US antitrust charges as soon as November, the Washington Post reported on Friday, citing four people familiar with the matter. The US Federal Trade Commission met privately on Thursday to discuss a probe while state attorneys general under the leadership of New York’s Letitia James have been scrutinising the company for potential threats to competition, the newspaper reported.

The timeline could still change, the newspaper said, adding that state attorneys general are in the late stages of preparing their complaint. Facebook, the FTC and the office of the New York Attorney General were not immediately available for comment late on Friday.

Read more

You may also like

More in IT

Comments are closed.