September 13, 2021
US Justice Department Facebook antitrust investigation opened

Report: US Department of Justice Opens Antitrust Investigation into Facebook

The United States Justice Department is reportedly starting an antitrust probe into Facebook, just months after actions from the SEC and FTC…

Facebook just reached a $100 million settlement with the SEC a few months ago, after it was hit with a $5 billion fine from the FTC.  

Now, a new report claims the US Justice Department is starting its own investigation into the company. The company also reportedly faces even more investigations over its acquisitions of Instagram and WhatsApp.

US Justice Department Facebook Antitrust Investigation Opened, Report Claims

Facebook not only faces four concurrent investigations into its operations, it is also under scrutiny by state agencies. At this time, the House of Representatives Judiciary Committee, the Federal Trade Commission, and a group of bipartisan attorneys generals are taking their own looks into its practices.

It isn’t clear what the Justice Department is examining, but it’s believed the FTC is focusing on the previously mentioned purchases of Instagram and WhatsApp. Meanwhile, Congress is investigating possible anti-competitive practices, along with Google, Amazon, and Apple, alike.

The Department of Justice might center its attention around the recently launched antitrust review of tech companies.

Owen E. Richason IV

Covers social media, apps, search and like news. History buff, movie and theme park lover. Blessed dad and husband. Owen is also a musician and is the founder of Groove Modes.          

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