Facebook, Amazon, other internet giants are weathering Washington’s body blows

The punches aimed at Facebook and the broader internet community are coming fast and furious. Facebook is being faulted for broadcasting the live stream of the murders in New Zealand. The company is being investigated by the Department of Justice (DOJ), the Federal Trade Commission (FTC), and the Securities and Exchange Commission (SEC), to name a few. Politicians are piling on with barbs and threats of their own.

While this period of Facebook’s FB, -1.08% tar and feathering is often compared to Microsoft’s MSFT, -0.97% antitrust years, the scrutiny Facebook faces seems far worse. The sins and the prosecutors are more diverse, and the ramifications threaten the other internet giants as well.

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