Facebook faces an investigation to see if it jeopardized user data

And now the company of Mark Zuckerberg faces a new investigation by a coalition of U.S. attorney generals, to determine if the company violated the antitrust law and jeopardized consumer data.
This was reported by the New York attorney general, Letitia James, through Twitter. “I have started an investigation on Facebook to determine if your actions compromised consumer data, reduced the quality of consumer choices or increased the price of advertising, ”says the document.

BREAKING: I’m launching an investigation into Facebook to determine whether their actions endangered consumer data, reduced the quality of consumers ’choices, or increased the price of advertising.

The largest social media platform in the world must follow the law.

– NY AG James (@NewYorkStateAG) September 6, 2019

"Even the world's largest social media platform must follow the law and respect consumers," said James, who leads the group of nine attorney generals from eight states and Washington DC who handle this investigation.

The platform led by Mark Zuckerberg is also undergoing a parallel review by the agency in the US. regulates commercial activities (FTC), in coordination with the Department of Justice.
Although the investigation is still in an initial phase and could take years to culminate in a concrete action, the truth is that the ad was enough to make Facebook's value fall 2% for fear of new penalties, or for changes to be imposed on your business model.
Along with tech giants like Google and Amazon, Facebook has had a dominant presence in people who connect to the Internet. The company has the largest social network in the world, along with Instagram and the messaging service Whatsapp.
When Facebook was asked in the past if it was considered a monopoly, the company said "the average American uses eight different applications," and that there were many options for people if they didn't want to use Facebook. What the company did not mention is that, of the eight main applications for social networks, four of them are owned by Facebook.