Skip to content
September 21, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • International News
  • U.S. Justice Department to open Facebook antitrust investigation – source
  • International News

U.S. Justice Department to open Facebook antitrust investigation – source

Admin September 26, 2019

Facebook is catalyst for suicide

The U.S. Justice Department will open an antitrust investigation of Facebook Inc, a person familiar with the matter said on Wednesday, marking the fourth recent antitrust probe of the social media company.

Facebook also faces probes by the Federal Trade Commission (FTC), a group of state attorneys general led by New York and the House of Representatives Judiciary Committee.

Large tech companies, including Apple Inc, Amazon.com Inc and Alphabet Inc’s Google, have increasingly been on the defensive in recent years over lapses such as privacy breaches and outsized market influence.

Facebook has faced extra scrutiny tied to how it allowed its platforms to be used during the 2016 U.S. presidential election.

The company, which owns one-time rivals Instagram and WhatsApp and has 2.4 billion monthly users, recently paid a $5 billion settlement for sharing 87 million users’ data with defunct British political consulting firm Cambridge Analytica.

Facebook declined to comment on Wednesday.

Reuters and others reported in June the two federal agencies had divided up responsibility for the companies being investigated, with the Justice Department taking Google and Apple while the FTC looked at Facebook and Amazon.

The Justice Department later said it was opening a probe of online platforms. It did not specify which ones, but said it would consider concerns raised about “search, social media and some retail services online”.

Neither agency has revealed the focus of investigations into Facebook, though the Wall Street Journal has reported that the FTC’s probe is focused on the company’s acquisitions.

The world’s largest social network has purchased nearly 90 companies since 2003, showed data from S&P Global.

The Justice Department’s antitrust chief likewise told a tech conference in August that the government is looking at previously approved acquisitions as part of its broad review.

This led some industry observers to question whether the two federal investigations would overlap.

Lawmakers, in particular Sen. Mike Lee, chair of the Senate Judiciary Committee’s antitrust panel, criticized the appearance of an overlap in a hearing last week.

The agencies generally have a practice of meeting to decide who will investigate which matter but the FTC cannot probe certain areas, for example price-fixing.

The probe into Facebook by the state attorneys general, announced earlier this month, is being led by New York and also includes Colorado, Florida, Iowa, Nebraska, North Carolina, Ohio, Tennessee and the District of Columbia.

New York Attorney General Letitia James said that investigation would look into whether Facebook’s actions had endangered consumer data, reduced the quality of consumers’ choices or increased the price of advertising.

REUTERS

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Apple Facebook FTC Google Mike Lee Whatsapp

Post navigation

Previous Oracle says investigators have asked it for information about Google 
Next Massive shopping, excitement as Konga Freedom Deals goes live

Related Stories

Ugandan Shilling, Cedi and Kwacha Expected to Face Pressure; Nigeria and Kenya Currencies Stable
  • International News

Ugandan Shilling, Cedi and Kwacha Expected to Face Pressure; Nigeria and Kenya Currencies Stable

September 17, 2026
Oil slips as Saudi Arabia offers more crude via Oman; diesel near record high reserves crude oil
  • Business & Economy
  • International News

Oil slips as Saudi Arabia offers more crude via Oman; diesel near record high

September 16, 2026
Trump ⁠⁠⁠⁠⁠promises $5,000 to every U.S. adult if Republicans win midterm elections
  • International News

Trump ⁠⁠⁠⁠⁠promises $5,000 to every U.S. adult if Republicans win midterm elections

September 10, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Tinubu hails winners of by-elections in Gombe, Kano, Bauchi and Delta states
  • Politics

Tinubu hails winners of by-elections in Gombe, Kano, Bauchi and Delta states

September 20, 2026
PROPOSED PETROL SUBSIDY: Tinubu Campaign Council demands breakdown from Atiku
  • National News

PROPOSED PETROL SUBSIDY: Tinubu Campaign Council demands breakdown from Atiku

September 20, 2026
Shettima to declare NGE conference open in Enugu Thursday
  • National News

Shettima to declare NGE conference open in Enugu Thursday

September 20, 2026
Osimhen ​‌‌‌⁠‍‍⁠⁠‌⁠‌​​​​‍⁠‌​ruled out of Nigeria’s AFCON qualifiers as muscle injury lingers
  • National News

Osimhen ​‌‌‌⁠‍‍⁠⁠‌⁠‌​​​​‍⁠‌​ruled out of Nigeria’s AFCON qualifiers as muscle injury lingers

September 20, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.