FTC may depose top Fb leaders in antitrust probe: reports

FTC may depose top Facebook leaders in antitrust probe: reports

The Federal Trade Commission (FTC) is reportedly mulling deposing Facebook head Mark ZuckerbergMark Elliot ZuckerbergHillicon Valley: Russian hackers return to highlight with vaccine investigate attack | Twitter suggests 130 accounts targeted in this week’s cyberattack | Four fired, dozens suspended in CBP probe into racist, sexist Facebook groups Democrats chide Facebook more than weather disinformation The Hill’s 12:30 Report — Presented by Facebook — Public discussion on face masks ramps up More and Chief Operating Officer Sheryl Sandberg as it probes whether the social media large violated antitrust legal guidelines.

Men and women acquainted with the matter explained to The Wall Avenue Journal and Fox Small business that the FTC is mulling contacting Zuckerberg and Sandberg, and that some best officials at Fb are making ready for attainable summons. 

Anti-believe in probes generally include many rounds of document requests, and interviews will take time to finish, indicating the FTC is not close to the end of its investigation.

Nevertheless, the business appears centered on Zuckerberg’s visual appearance at the conclude of the thirty day period in front of the Household Judiciary antitrust subcommittee wherever he and other top rated tech executives will testify.

“We look forward to sharing our views about the aggressive landscape, together with other engineering leaders, in the course of this month’s Congressional hearing, though also demonstrating for enforcement organizations that our innovation delivers extra alternatives for shoppers,” said a Fb spokesperson. 

The FTC did not quickly reply to a request for comment from The Hill. 

Zuckerberg and Sandberg had been not called to testify in the FTC’s previous investigation of Fb around alleged customer-privateness violations, a probe that made a $5 billion settlement a calendar year ago.

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The FTC is now investigating irrespective of whether Facebook, which also owns other platforms like WhatsApp and Instagram, illegally engaged in monopolistic business enterprise procedures, which include whether it experimented with to invest in rivals to lower competitiveness.

The Justice Section and several point out attorneys general are also probing Facebook and other platforms around anti-have faith in violations.

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