Facebook Inc. Chief Executive Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg could be deposed for sworn legal testimony by the Federal Trade Commission as part of a year-long probe into the company's business practices, and whether the social-networking giant engaged in unlawful monopolistic practices, according to a report in the Wall Street Journal late Friday. Zuckerberg is scheduled to testify before a Congressional antitrust subcommittee, along with the CEOs of Apple Inc. , Amazon.com Inc. , and Google parent Alphabet Inc. , on July 27. All four companies are the subjects of investigations by the federal government into their business practices. Facebook shares are flat in extended trading Friday. Read More...
Facebook Inc. Chief Executive Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg could be deposed for sworn legal testimony by the Federal Trade Commission as part of a year-long probe into the company’s business practices, and whether the social-networking giant engaged in unlawful monopolistic practices, according to a report in the Wall Street Journal late Friday. Zuckerberg is scheduled to testify before a Congressional antitrust subcommittee, along with the CEOs of Apple Inc. , Amazon.com Inc. , and Google parent Alphabet Inc. , on July 27. All four companies are the subjects of investigations by the federal government into their business practices. Facebook shares are flat in extended trading Friday.
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