The Washington Post reported on Friday Facebook could face charges of illegal monopolization as of November.
The newspaper reports Federal Trade Commission (FTC) , state attorneys led by Letitia James in New York to discuss an investigation while examining the company for potential threats to competition.
Facebook is in trouble in the US!
The newspaper stated that the timeline may change, it added that state attorneys are in the final stages of preparing their complaints.
Facebook , FTC and New York Attorney General’s office were not available to comment late Friday.
Facebook had previously faced similar investigations by the Justice Department and state attorneys. In July 2019 Facebook set a record-breaking $ 5 billion to resolve a separate FTC investigation into the company’s privacy practices. had agreed to pay a penalty.