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(-) – U.S. antitrust regulators have divided oversight of Amazon.com Inc (NASDAQ:) and Alphabet (NASDAQ:) Inc’s Google, placing Amazon beneath the watch of the Federal Trade Commission and Google beneath the Justice Department, the Washington Post mentioned on Saturday.
Amazon may face heightened antitrust scrutiny beneath a brand new settlement between U.S. regulators which places the e-commerce large beneath the watch of the commerce fee, the newspaper reported, citing individuals conversant in the matter.
The improvement is the results of the FTC and Justice division quietly dividing up competitors oversight on each of the American tech giants, Amazon and Google, the newspaper mentioned including that the FTC’s plans for Amazon and the Justice Department’s curiosity in Google weren’t instantly clear.
The information comes after – and different media reported on Friday that the Justice Department is getting ready an investigation into Google with a view to confirm whether or not the corporate broke antitrust legislation in working its on-line companies.
Google mentioned it had no touch upon the report whereas Amazon, the FTC and Justice Department didn’t instantly reply to requests for touch upon the report.
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