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Justice Department And FTC Announce Antitrust Probes

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Justice Department And FTC Announce Antitrust Probes

Justice Department And FTC Announce Antitrust Probes

According to Reuters, federal antitrust regulators are moving forward with a broad investigation of four tech giants.

But the Justice Department and the Federal Trade Commission are sharing the case load by splitting up their jurisdiction.

The Department of Justice will oversee an antitrust probe into Apple and Google's parent company Alphabet.

The FTC will oversee similar probes into Amazon and Facebook.

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