About time the govt. takes a long, hard look into Silicon Valley--our privacy has become a joke as a few billionaires rule the tech world:
Forty-six attorneys general have joined a New York-led antitrust investigation into Facebook
"Forty-six attorneys general have joined a New York-led antitrust investigation into Facebook, officials announced Tuesday, raising the stakes in a sweeping bipartisan probe of the tech giant that could result in massive changes to its business practices.
The expanded roster of states and territories taking part in the investigation reflects lingering, broad concerns among the country’s competition watchdogs that “Facebook may have put consumer data at risk, reduced the quality of consumers’ choices, and increased the price of advertising,” said New York Attorney General Letitia James in a statement.
The Post first reported on the states’ interest in joining the investigation. Facebook did not immediately respond to a request for comment.
The state inquiry into Facebook reflects growing national unease with the size and power of Silicon Valley, amid growing fears that the country’s largest tech companies act in ways that harm rivals or result in higher prices or worse services for consumers.
Earlier this year, state attorneys general opened a similar bipartisan probe of Google, an investigation that centers on its advertising practices and could easily expand to cover other elements of the company’s business, officials have said. In Washington, meanwhile, federal antitrust authorities have divvied up Silicon Valley for further scrutiny. The Justice Department is probing Facebook and Google while the Federal Trade Commission has started investigating Facebook and Amazon, sources have said.
With the state probe into Facebook, the concerns span the full gamut of its sprawling digital empire, including its past struggles to protect consumers’ data and its prior acquisition of two competitors, Instagram and WhatsApp. Initially, New York launched its probe with seven other states and D.C. "
Forty-six attorneys general have joined a New York-led antitrust investigation into Facebook
"Forty-six attorneys general have joined a New York-led antitrust investigation into Facebook, officials announced Tuesday, raising the stakes in a sweeping bipartisan probe of the tech giant that could result in massive changes to its business practices.
The expanded roster of states and territories taking part in the investigation reflects lingering, broad concerns among the country’s competition watchdogs that “Facebook may have put consumer data at risk, reduced the quality of consumers’ choices, and increased the price of advertising,” said New York Attorney General Letitia James in a statement.
The Post first reported on the states’ interest in joining the investigation. Facebook did not immediately respond to a request for comment.
The state inquiry into Facebook reflects growing national unease with the size and power of Silicon Valley, amid growing fears that the country’s largest tech companies act in ways that harm rivals or result in higher prices or worse services for consumers.
Earlier this year, state attorneys general opened a similar bipartisan probe of Google, an investigation that centers on its advertising practices and could easily expand to cover other elements of the company’s business, officials have said. In Washington, meanwhile, federal antitrust authorities have divvied up Silicon Valley for further scrutiny. The Justice Department is probing Facebook and Google while the Federal Trade Commission has started investigating Facebook and Amazon, sources have said.
With the state probe into Facebook, the concerns span the full gamut of its sprawling digital empire, including its past struggles to protect consumers’ data and its prior acquisition of two competitors, Instagram and WhatsApp. Initially, New York launched its probe with seven other states and D.C. "
