Facebook’s New FTC Probe Covers Wide Sphere But Faces Long Odds
- New investigation is disclosed after record privacy settlement
- Justice Department also looking at conduct of tech companies
Signage is displayed outside Facebook headquarters in Menlo Park, California.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
The U.S. Federal Trade Commission is investigating whether Facebook Inc. violated antitrust laws in a broad sphere of its business - social media, digital advertising and mobile applications.
Facebook detailed the agency’s wide-ranging probe into the company’s business in a regulatory filing Thursday, a day after inking a $5 billion settlement over privacy violations.