This article is from the source 'nytimes' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at https://www.nytimes.com/2019/06/03/technology/facebook-ftc-antitrust.html
The article has changed 9 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| Facebook Faces F.T.C. Scrutiny as Antitrust Focus Turns to Big Tech | |
| (32 minutes later) | |
| WASHINGTON — Facebook could face more intense government scrutiny, as regulators have decided that the Federal Trade Commission will oversee antitrust complaints about the company, according to two people with knowledge of the matter. | WASHINGTON — Facebook could face more intense government scrutiny, as regulators have decided that the Federal Trade Commission will oversee antitrust complaints about the company, according to two people with knowledge of the matter. |
| The decision does not mean the agency has opened an official investigation. But the move is significant because it illustrates the government’s increased focus on the world’s biggest tech giants and the desire to increase oversight of how the companies may be harming competition and consumers. | The decision does not mean the agency has opened an official investigation. But the move is significant because it illustrates the government’s increased focus on the world’s biggest tech giants and the desire to increase oversight of how the companies may be harming competition and consumers. |
| The Justice Department and the F.T.C. have also divided up antitrust enforcement duties for Google and Amazon. Regulators appear interested in Google’s advertising and search business. Some consumer groups and vendors argue that Amazon blunts new competition. | The Justice Department and the F.T.C. have also divided up antitrust enforcement duties for Google and Amazon. Regulators appear interested in Google’s advertising and search business. Some consumer groups and vendors argue that Amazon blunts new competition. |
| [Read more about the storm brewing over big tech.] | [Read more about the storm brewing over big tech.] |
| Shares of Facebook were down more than 7 percent on Monday afternoon. Google and Amazon were also sharply lower. | Shares of Facebook were down more than 7 percent on Monday afternoon. Google and Amazon were also sharply lower. |