Big Tech - Latest News Update, Information, Photos & Videos on Big Tech at Lokmat Times

New York Attorney General Letitia James said the investigation now has the support of 47 attorneys general from around the nation, "who are all concerned that Facebook may have put consumer data at risk, reduced the quality of consumers' choices, and increased the price of advertising"."We will use every investigative tool at our disposal to determine whether Facebook's actions stifled competition and put users at risk," James said in a statement late Tuesday.The investigation launched last month with support from attorneys general from eight states New York, Florida, Colorado, Iowa, Nebraska, North Carolina, Ohio, Tennessee and Washington, DC.Facebook had earlier said it will work "constructively" with the attorneys general and engage with policy makers in a discussion about the competitive environment."Social media is a critical part of doing business in today's economy. Any effort by Facebook to unlawfully stifle competition could cause wide-ranging harm to smaller companies, restrict consumer choice, and increase costs for all," said Connecticut Attorney General William Tong.According to Delaware Attorney General Kathy Jennings, "We are investigating whether Facebook has broken the law through anti-competitive practices or other acts that harm consumers."In a stern warning to tech giants, the US House Anti-Trust Committee has opened probes into Facebook, Google, Apple, Amazon and other tech giants to determine if they prevent competition and hurt consumers.The investigation's core is the idea that "the Internet is broken"."Big Tech must account for its actions. I am proud to join my Republican and Democrat colleagues in efforts to ensure Tech Giants can no longer hide behind complexity and complicity," said Louisiana Attorney General Jeff Landry.Massachusetts Attorney General Maura Healey added: "It's important that the internet remains fair and open to everyone. We are participating with a broad coalition of states in an investigation of Facebook's business practices."A bipartisan coalition led by New York attorney general has launched an investigation into Facebook to understand whether it stifled competition and put users at risk."The District of Columbia has joined this investigation to ensure Facebook is giving a fair shake to district residents and the American people. No company gets a pass if it throttles competitors and exploits consumers," said District of Columbia Attorney General Karl A. Racine.( With inputs from IANS )

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Big TechFOLLOW

Big tech, Latest News

Technology :$40 bn Nvidia-Arm chip deal falls apart amid regulatory hurdles

New Delhi, Feb 8 In a massive blow to Big Tech, graphics chip giant Nvidia on Tuesday finally ... ...

Technology :Facebook publishes 1st report under new India IT rules

New Delhi, July 2 As India toughens its stand against the Big Tech over its new IT rules, ... ...

Technology :Koo publishes compliance report for June under new IT rules

New Delhi, July 1 Homegrown microblogging platform Koo on Thursday became the first Indian social media platform to ... ...

Technology :Google publishes 1st report under new IT rules, removes 59K content

New Delhi, June 30 As India toughens its stand against the Big Tech over its new IT rules, ... ...

International :India badly needs cyber regulator to tame social media entities

New Delhi, June 30 As the Indian government struggles to tame the social media giants and force them ... ...

Technology :47 attorneys general join anti-trust probe against Facebook

In fresh trouble for Facebook, 47 attorneys general in the US have officially joined an investigation into Facebook for its anti-competitive market practices. ...