FTC considering deposing top Facebook executives in antitrust probe | Tech News

FTC considering deposing top Facebook executives in antitrust probe

Top Facebook officials are preparing for potential depositions and some are worried about the possibility.

By:REUTERS
| Updated on: Aug 20 2022, 22:02 IST
Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, U.S.
Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, U.S. (REUTERS)
Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, U.S.
Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, U.S. (REUTERS)

The U.S. Federal Trade Commission is considering taking sworn testimony from Facebook Inc's top executives Mark Zuckerberg and Sheryl Sandberg as a part of its probe into whether the company has engaged in unlawful monopolistic practices, the Wall Street Journal reported on Friday.

Top Facebook officials are preparing for potential depositions and some are worried about the possibility, the report said, citing a person familiar with the matter.

"We look forward to sharing our views about the competitive landscape, along with other technology leaders, during this month's Congressional hearing, while also demonstrating for enforcement agencies that our innovation provides more choices for consumers," a Facebook spokesperson said.

FTC declined to comment to Reuters request.

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First Published Date: 18 Jul, 07:38 IST
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