Fifty state attorneys general officially launched an antitrust investigation into Google, Texas Attorney General Ken Paxton, the initiative’s leader, announced today, a step that could potentially lead to a broad legal challenge to the company’s market dominance.
The move comes as Google and other tech companies like Facebook are facing multiple investigations at the federal level over whether they have violated our antitrust laws.
BREAKING: 50 attorney generals are joining an investigation into Google over possible antitrust violations, Texas Attorney General Ken Paxton, the initiative’s leader, announced Monday.https://t.co/jCikJalHeW
— Ryan Saavedra (@RealSaavedra) September 9, 2019
Fifty attorneys general are joining an investigation into Google over possible antitrust violations, Texas Attorney General Ken Paxton, the initiative’s leader, announced Monday.
The news confirms reports last week about the bipartisan investigation into Google’s practices. The probe will take place as Facebook faces its own antitrust investigation led by New York Attorney General Letitia James with attorneys general from seven states plus the District of Columbia.
Paxton said the probe will focus on Google’s advertising business, “but the facts will lead where the facts lead.”
Shares of Google parent company Alphabet were down about 0.8% around the time of the announcement.
The state investigations put an additional layer of pressure on both companies, which are already facing antitrust scrutiny on the federal level. Facebook confirmed an antitrust probe by the Federal Trade Commission in July after the agency slapped it with a $5 billion fine over its privacy practices. And the Department of Justice will conduct its own antitrust investigation into Google, according to The Wall Street Journal. More
This needs to be resolved quickly. Google can not be allowed to manipulate voters in the 2020 election.
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It brings hope that this company might be forced to stop being anti-competitive and censor-happy, but it’s one of those things (due to companies like this getting off with a slap on the wrist) you don’t believe amounts to anything until you see it.
— Vance G 🇺🇸 🇨🇦 (@vg_yyc) September 9, 2019