Facebook, Google to face new antitrust suits in US – Fox Business

Facebook, Google to face new antitrust suits in US – Fox Business

WASHINGTON—Big Tech’s legal woes are expected to worsen in the coming weeks as federal and state antitrust authorities prepare to file new lawsuits against Facebook Inc. and Alphabet Inc.’s Google, people familiar with the matter said.

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The authorities are readying as many as four more cases targeting Google or Facebook by the end of January, these people said, following the Justice Department’s antitrust lawsuit against Google last month.

Federal and state officials are probing whether the tech giants abused their power in the internet economy—Google to dominate search and advertising, and Facebook to dominate social media.

Ticker Security Last Change Change %
FB FACEBOOK INC. 273.80 -4.01 -1.44%
GOOGL ALPHABET INC. 1,750.40 -36.62 -2.05%
AMZN AMAZON.COM INC. 3,141.96 -53.38 -1.67%
AAPL APPLE INC. 118.92 +2.33 +2.00%

Google and Facebook have denied doing so, saying they operate in highly competitive markets and that their services, which are mostly free, benefit consumers.

If Facebook were to be sued, it would mark the first government antitrust action against the social-media titan in the U.S. Facebook has come under particular criticism from Republicans and Democrats in Congress as well as President-elect Joe Biden over its content-moderation policies.

Democrats generally contend the company has been too lax in policing misleading speech, while Republicans say Facebook has sometimes suppressed