Tuesday, December 01, 2020

Facebook, Google may face more antitrust suits

 

Facebook and Google are expected to be hit with as many as four more lawsuits from antitrust authorities, according to sources familiar with the matter, The Wall Street Journal reported.

The Federal Trade Commission and state authorities are working on new suits that may be filed by the end of January, the paper said.

The suits involve the companies’ power in the online marketplace, says Business Insider, citing the WSJ.

The suits would come on the heels of a suit filed against Google by the Justice Department in October.

Meanwhile, Facebook is buying New York-based Kustomer, a customer service platform. The deal would value Kustomer at over $1 billion, MarketWatch reported.

News & Tech

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