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Cyber

US may file antitrust charges against Facebook as soon as November - WaPo

2020-10-24

[Jpost] Facebook said in August that Chief Executive Mark Zuckerberg
...the Peewee Herman clone who owns Facebook. He's got more money than Croesus and thinks he should be regulated by the government because it does such a nifty job with all the other stuff it regulates....
was interviewed at an FTC investigative hearing as part of the government's antitrust probe into the company.

Facebook Inc may face US anti-trust charges as soon as November, the Washington Post reported on Friday, citing four people familiar with the matter.

The Federal Trade Commission met privately on Thursday to discuss a probe while state attorneys general under the leadership of New York's Letitia James have been scrutinizing the company for potential threats to competition, the newspaper reported.

The timeline could still change, the newspaper said, adding that state attorneys general are in the late stages of preparing their complaint.

Facebook, the FTC and the office of the New York Attorney General were not immediately available for comment late on Friday.

Facebook said in August that Chief Executive Mark Zuckerberg was interviewed at an FTC investigative hearing as part of the government's antitrust probe into the company.

Facebook faced similar probes by the Justice Department and by state attorneys general, and has said previously the investigations were looking at prior acquisitions and business practices involving "social networking or social media services, digital advertising, and/or mobile or online applications."

In July 2019, Facebook agreed to pay a record-breaking $5 billion fine to resolve a separate FTC probe into the company's privacy practices.

Posted by:trailing wife

#4 Zuckerberg has had his little off-mic chit-chats with Angela Merkel...not about our elections, but, still. Collusion no matter the topic.

Posted by: Clem 2020-10-24 11:28

#3 Charge them with election interference. Their news blackout on Biden's corruption amounts to an in-kind partisan political contribution by a corporation. Blatantly illegal.

Posted by: Muggsy Grundy2982 2020-10-24 11:26

#2 Treason would be a better charge, but that's just me.

Posted by: Clem 2020-10-24 11:20

#1 Google a few days ago, Facebook today — who is next to be targeted of the pantheon of internet multi-billionaires? And how will that impact the funding of future elections and anarcho-communist tools?

Posted by: trailing wife 2020-10-24 10:52

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