The bad news keeps coming for
, as a government agency reportedly obtained the right to investigate whether the company engaged in monopolistic practices. The US Federal Trade Commission secured rights to a potential antitrust investigation of Facebook, according to a Monday report in The Wall Street Journal. Through an agreement with the Justice Department, the FTC would lead such an inquiry.
These moves by the FTC and DOJ comes as Facebook and other Silicon Valley giants face renewed antitrust scrutiny in the US. Sen. Elizabeth Warren, a Democratic 2020 presidential candidate, has made it a key part of her platform to break up the big tech companies, including Google, Apple and Amazon. Earlier this month, Chris Hughes, a Facebook co-founder, also called for the breakup of the company he helped create.
Facebook didn't immediately respond to a request for comment.
Originally published June 3, 9:57 a.m. PT. Update, 11:55 a.m.: Adds background info.