Up to 40 states plan to sue Facebook for antitrust next week – CNBC

• A group of U.S. states led by New York is investigating Facebook Inc for possible antitrust violations and plans to file a lawsuit against the social media giant next week, four sources familiar with the matter said on Wednesday.
• The complaint would be the second major lawsuit filed against a Big Tech company this year. The Justice Department sued Alphabet Inc’s Google in October.

A group of U.S. states led by New York is investigating Facebook for possible antitrust violations and plans to file a lawsuit against the social media giant next week, four sources familiar with the matter said on Wednesday.

The complaint would be the second major lawsuit filed against a Big Tech company this year. The Justice Department sued Alphabet’s Google in October.

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