A PYMNTS Company

DOJ Contacts Facebook’s Rivals In Antitrust Probe: Report

By  |  January 28, 2020

The US Department of Justice has reportedly been setting up interviews with Facebook’s rivals as part of an antitrust investigation into the world’s largest social network, a sign that the agency is moving forward with its probe. 

The Information, citing an email from the Justice Department, reported on Monday, January 27, that the agency is reaching out to social media executives to learn about “the competitive landscape of the industry, along with their perspectives on and relationship to Facebook.”

Reports about the Justice Department’s antitrust investigation into Facebook surfaced in September. The social network is already facing probes by the Federal Trade Commission (FTC), the House antitrust subcommittee, and a group of state attorneys general. While the FTC’s investigation is reportedly focused on Facebook’s acquisitions such as Instagram, the Justice Department is looking into separate behavior.

Full Content: The Information

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.