Monday, 29 July 2019
Facebook Co-Founder reportedly lobbying for firm's break up: Report
Zuckerberg, however, rejected these calls, saying the size of the social media giant was actually a benefit to its users and the security of the democratic process. Hughes's lobbying efforts come at a time when the US Department of Justice's anti-trust division is reviewing whether and how market-leading online platforms have achieved market power and are engaging in practices that have reduced competition, stifled innovation or, otherwise, harmed consumers. The review will consider the widespread concerns that consumers, businesses, and entrepreneurs have expressed about search, social media, and some retail services online, the US Department of Justice said this week. Facebook has agreed to pay a historic penalty of $5 billion to settle the US Federal Trade Commission (FTC) charges that the company deceived users about their ability to control the privacy of their personal information. DailyhuntDisclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Dailyhunt. Publisher: Hindustan Timeshttps://issuu.com/hueenbseein
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