FTC gets jurisdiction for possible antitrust investigation on Facebook



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WASHINGTON – The Federal Trade Commission will conduct any antitrust investigation on Facebook Inc. as part of an agreement granting the Department of Justice Google's general oversight over Alphabet Inc., while the US government is preparing to take a close look at the country's leading technology companies.

The FTC obtained the right to open a possible Facebook inquiry and determine whether it had engaged in illegal monopoly practices under an agreement allowing the Department of Justice to take the reins of a …

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