New York Attorney General Letitia James said 46 other attorneys general have joined her antitrust investigation into Facebook, adding more legal firepower to a potential lawsuit
New York Attorney General Letitia James said 46 other attorneys general have joined her antitrust investigation intohave already opened antitrust investigations. At aconference in Laguna Beach, the DOJ’s antitrust chief said that the breakup of Facebook and other tech giants is “perfectly on the table.”
With clouds gathering on the horizon, shares in the social networking giant slumped 4% to end Tuesday’s session at $182.34. They have remained remarkably resilient in 2019 despite regular doses of downbeat news, rising 32% as the company continues to deliver strong financial results. Facebook will report its third-quarter earnings on October 30 and many analysts are looking for it to provide an upside surprise.
As the company has become a political target on many fronts, Zuckerberg has been on a media blitz, sitting for an interview last week with Fox News’ Dana Perino, and on Monday with NBC News’ Lester Holt.
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