Home World News U.S. regulators divide scrutiny of Amazon and Google -Washington Post

U.S. regulators divide scrutiny of Amazon and Google -Washington Post

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U.S. regulators divide scrutiny of Amazon and Google -Washington PostU.S. antitrust regulators have divided oversight of Amazon.com Inc and Alphabet Inc’s Google, putting Amazon under the watch of the Federal Trade Commission and Google under the Justice Department, the Washington Post said on Saturday. Amazon could face heightened antitrust scrutiny under a new agreement between U.S. regulators which puts the e-commerce giant under the watch of the trade commission, the newspaper reported, citing people familiar with the matter. The development is the result of the FTC and Justice department quietly dividing up competition oversight on both of the American tech giants, Amazon and Google, the newspaper said https://wapo.st/2WewV9Y adding that the FTC’s plans for Amazon and the Justice Department’s interest in Google were not immediately clear.

Source: Yahoo.com