Google, Facebook antitrust pressure grows as US lawmaker cheers UK investigation

By Audrey Conklin, Fox Business

Texas Attorney General Ken Paxton on Wednesday applauded the U.K.’s antitrust investigation against Facebook and Google, increasing pressure on both companies that some say demonstrate monopolistic behavior.

The U.K. Competition and Markets Authority (CMA) found that Google and Facebook hold extreme dominance in the advertising market and stifle competition for other smaller advertising entities in Britain, according to a preliminary report published Wednesday.

Paxton and 51 other attorneys general from across the country signed onto a similar antitrust probe against Google in September in an effort to expose the tech giant’s monopolistic practices, specifically in terms of advertising.

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