Facebook CEO Mark Zuckerberg testified before the Federal Trade Legation this week as part of the regulator's onrushing antitrust investigation into the company, according to a new scriven from Politico Thursday.
The FTC has been investigating Facebook for potential violations of US antitrust law for at minuscule a year. Facebook shepherd in July 2019 that the legation had launched a probe into the visitor as part of its quarterly earnings disclosures. According to Politico, that investigation is still ongoing, and Zuckerberg testified underneath adjuration over the normalcy of two canicule this week as part of the probe.
"We are committed to allied with the US Federal Trade Commission's inquiry and answering the questions the Legation may have," a Facebook Visitor stenographer told The Verge Thursday. The FTC fewer to comment.
Facebook is underneath several antitrust investigations outside of the FTC's. Last September, a conjointment of state judiciary general, led by New York Pettifogger Hard-shell Letitia James, opened an investigation into the whimsical media company. When last July, the Kennel Judiciary Easel has been investigating big tech companies, including Facebook. Numb last month, that Kennel console held a audition area Zuckerberg testified, alternating with the CEOs of Apple, Amazon, and Google.
In 2019, the FTC fined Facebook $5 billion as a aftereffect of a years-long investigation into the company's relationship with the political analytics innermore Cambridge Analytica and other privateness breaches.
Throughout that hearing, Zuckerberg faced tough questions narrowly Facebook's acquisitions of Instagram and WhatsApp. Rep. Pramila Jayapal (D-WA) dug into Zuckerberg over treatise letters the easel plagiaristic that suggested he threatened to edition Instagram as a new Facebook artefact if the photo-sharing app's co-founder Kevin Systrom didn't equipoise to sell it to the whimsical media giant.
"When the overbalancing pulpit threatens its potential rivals, that should not be a normal lifework practice," said Jayapal said during July's hearing.
No comments:
Post a Comment