Google, Facebook, and Apple fall due to antitrust investigation

Jamie McKane

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Google, Facebook, and Apple fall due to antitrust investigation

Google parent Alphabet Inc., Facebook Inc. and Apple Inc. tumbled as the companies appear set to undergo U.S. antitrust probes after the Justice Department and the Federal Trade Commission agreed to split up oversight of technology giants.

The DOJ’s preparations to investigate Google, first reported late Friday, mark the Trump administration’s first concrete step to scrutinize the potentially anti-competitive conduct of a large technology firm.

[Bloomberg]
 
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