Facebook Falls Following Reports Of Potential FTC Probe

Posted by Tanzeel Akhtar

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Facebook Inc.’s stock fell Monday following reports the Federal Trade Commission “will lead an antitrust investigation under an arrangement that gives the Justice Department chief oversight” of Alphabet Inc.’s Google.

It seems U.S. antitrust officials are under pressure from both Democratic and Republican lawmakers and advocates of tougher enforcement to step up scrutiny of technology giants like Google and Facebook….CLICK for complete article

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