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| Image retrieved from CNN Business. |
The beauty of Facebook is that anyone and everyone can use it for free. You are able to download the app, post pictures, interact with people, develop a following, and engage in other's lives all behind a phone screen. The negative side of this is that even though Facebook is a free platform, the users are technically paying the site with their private information. Facebook has the right to use anyone's personal information and do whatever they want with it. In my opinion, the fact that Facebook practically owns my private information is a very scary thought.
In the last few years, Facebook and other popular search engines and social media platforms have faced legal issues when it comes to their advertising and privacy policies. The main point of this investigation is to dive deep into Facebook's impact on advertising prices, data, and consumer policy.
The eight states that are fighting against Facebook are Colorado, Florida, Iowa, Nebraska, North Carolina, Ohio, and Tennessee. The states have met with the Justice Department antitrust chief Makan Delrahim to discuss Big Tech in the beginning of this investigation. Other than Facebook, Google is receiving threats from the public on its privacy laws as well.
Many big tech companies are turning into monopolies instead of just staying as commonly used search engines or entertaining social media platforms. Time will tell what will happen to Facebook and other technology-based companies and how they will handle the antitrust investigations. With the opportunity to change its laws or risk big fines, Facebook users could go from friending each other to never using the site again.
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