Thu, 13 Aug 2020

NEW YORK, New York - Nine U.S. states are going forces to go out after Facebook for antitrust issues.

The states are: Colorado, Florida, Iowa, Nebraska, North Carolina, Ohio, Tennessee, and the District of Columbia.

"Even the largest social media platform in the world must follow the law and respect consumers. I am proud to be leading a bipartisan coalition of attorneys general in investigating whether Facebook has stifled competition and put users at risk," New York Attorney General Letitia James said in a statement released on Friday.

"We will use every investigative tool at our disposal to determine whether Facebook's actions may have endangered consumer data, reduced the quality of consumers' choices, or increased the price of advertising," she said.

The investigation will focus on what the attorney generals' allege is Facebook's dominance in the industry, and the potential anticompetitive conduct stemming from that dominance.

The social media giant, which is based in Palo Alto, California, and has its international headquarters in Dublin, Ireland, said Friday it would work constructively with the attorney generals, and said it was always open to input from policymakers.

"People have multiple choices for every one of the services we provide. We understand that if we stop innovating, people can easily leave our platform," Facebook's vice president of state and local policy Will Castleberry said in a statement released on Friday.

"This underscores the competition we face, not only in the U.S. but around the globe. We will of course work constructively with state attorneys general and we welcome a conversation with policymakers about the competitive environment in which we operate," he said.

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