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Officials at the Federal Trade Commission have started building a potential legal case against Facebook as part of the agency’s year-long antitrust investigation into the company, The Wall Street Journal reported Tuesday.The FTC has not yet made a decision on whether it will ultimately sue Facebook, according to The Wall Street Journal. Preparing legal arguments for a possible lawsuit is often part of investigations, but also signals that the agency may be nearing the end of its probe.Facebook declined to comment, and the FTC did not immediately reply to a request for comment on this story.In July of last year, Facebook disclosed in an earnings report that it was under investigation by the FTC, which came amid existing antitrust probes from the Department of Justice and members of Congress.
The Wall Street Journal reported later that summer that the FTC was specifically interested in Facebook’s past acquisitions and whether it made those purchases to head off potential competition, and had been speaking to the founders of several companies bought up by Facebook.During a congressional antitrust hearing this July, those deals became the focus for lawmakers, who grilled CEO Mark Zuckerberg about Facebook’s acquisitions of Instagram and …
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