Google, Facebook and Apple stocks tumble amid US antitrust scrutiny

//Google, Facebook and Apple stocks tumble amid US antitrust scrutiny

Google, Facebook and Apple stocks tumble amid US antitrust scrutiny

Shares of Facebook, Apple and Google parent Alphabet tumbled on Monday after the US Justice Department and the Federal Trade Commission agreed to split up oversight of technology giants, putting US antitrust probes on the horizon.The DOJ’s preparations to investigate Google, first reported late on Friday, mark the Trump administration’s first concrete step to scrutinise the potentially anticompetitive conduct of a large technology firm.On Monday, a person familiar with the matter said the FTC…

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By | 2019-06-03T20:27:18+00:00 June 3rd, 2019|Technology|Comments Off on Google, Facebook and Apple stocks tumble amid US antitrust scrutiny