US Justice Department to open Facebook antitrust investigation
Updated : September 26, 2019 12:07 PM IST
The US Justice Department will open an antitrust investigation of Facebook Inc, a person familiar with the matter said on Wednesday, marking the fourth recent antitrust probe of the social media company.
Facebook also faces probes by the Federal Trade Commission (FTC), a group of state attorneys general led by New York and the House of Representatives Judiciary Committee.
The company, which owns one-time rivals Instagram and WhatsApp and has 2.4 billion monthly users, recently paid a $5 billion settlement for sharing 87 million users' data with defunct British political consulting firm Cambridge Analytica.