Facebook Likely To Face State, Federal Antitrust Suits

The Washington Post reports:

State and federal investigators are expected to file antitrust charges against Facebook as soon as November, according to four people familiar with the matter, embarking on a massive legal challenge against the tech giant and its perceived ironclad grip over social media.

The timing reflects a frenzy of recent activity on the part of the Federal Trade Commission, which met privately Thursday to discuss the probe, and state attorneys general, who under the leadership of New York’s Letitia James have been scrutinizing Facebook for potential threats to competition.

The bipartisan group has focused its attention on Facebook’s strategy of purchasing potential competitors, sometimes to acquire and kill them, according to two of the people.

Read the full article.

The DOJ sued Google on antitrust grounds earlier this week.