The group of 42 state officials, led by the Texas attorney general Ken Paxton, initially filed its comments to the Federal Trade Commission in June. Per Reuters, the group will announce the probe on Sept. 9. The probe is reportedly studying privacy and antitrust issues.
Google has already admitted the fact it is working with state officials. According to the company’s representative Jose Castaneda cited by Reuters, Google is proactively helping regulators and is answering questions about its business and dynamic technology sector.
In July, U.S. authorities introduced a draft bill dubbed “Keep Big Tech Out Of Finance Act,” which aims to bar major tech companies from acting as financial institutions. The move came after Facebook announced its long-awaited cryptocurrency Libra.