On Friday, the 6th of September 2019, two groups of US state Attorney Generals, led by New York and Texas, had announced separate antitrust investigations against US-based large tech titans such as Facebook Inc. and Alphabet Inc.’s Google LLC.
As beforementioned, the first investigation, led by the Attorney Generals of New York alongside other seven US states and the District of Columbia was centred on the social networking mogul, Facebook Inc., while the second antitrust probe announced by the Attorney General of Texas and might include Attorney Generals of 40 US states had not specified its target, nonetheless, the second one was likely to be focused on Google.
More importantly, the American tech behemoths engaged in social networking, internet search and other services, e-commerce alongside cloud technologies, once hailed for their contribution in the US economic growth, had become subjects to a number of antitrust probes including privacy breaches and abuse of market influence, while US lawmakers including President Donald Trump, third-party firms, consumers alongside regulators had begun to criticize such kind of power endorsed to big-league tech firms.
Meanwhile, asking whether Facebook Inc.’s act could endanger consumer data, New York Attorney General, Letitia James tweeted later on Friday (September 6th), “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.
The largest social media platform in the world must follow the law. ” Further inside the bid, the Facebook Inc. probe would be involving the US states of Colorado, Florida, North Carolina, Nebraska, Ohio, Tennessee alongside the District of Columbia, court documents revealed.