A coalition of US states announced Friday an antitrust investigation of Facebook, in the first of what is expected to be a wave of action against dominant technology firms.
"Even the largest social media platform in the world must follow the law and respect consumers," James said. Earlier this year the US Justice Department said it would launch a "review" of major online platforms to determine if they have stifled innovation or reduced competition.Facebook, by far the largest social network, in the past has claimed it is not a monopoly and that consumers have many choices for how to connect with people online.
The office of the Texas attorney general scheduled an event Monday in Washington with a "broad coalition of states" to unveil a multistate probe into "whether large tech companies have engaged in anticompetitive behavior that stifled competition, restricted access, and harmed consumers." But Stucke said the investigations may go further by looking at how tech platforms control data, potentially examining "the intersection between competition law and privacy."
Democratic presidential candidate Elizabeth Warren has made a breakup of the big tech firms a part of her campaign platform.
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