New York AG meets with feds over Facebook probe
New York Attorney General Letitia James (D), who’s leading a multistate antitrust investigation into Facebook, met with officials at the Department of Justice and Federal Trade Commission (FTC) on Monday to raise concerns about the company’s market power.
“As we have said in the past, we have grave concerns over potential anticompetitive practices by large tech companies,” James said in a statement. “We are concerned that Facebook’s actions may have put consumer data at risk of data breaches, reduced the quality of consumers’ choices, and increased the price of advertising, so we will continue to work in a bipartisan manner to protect consumers and protect competition.”
The FTC declined to comment. Facebook and the Department of Justice did not immediately respond to requests for comment.
The meeting was first reported by Axios.