FTC probes Facebook's acquisition practices: WSJ

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The Federal Trade Commission is probing Facebook Inc to check if the social media company's acquisitions were aimed at snapping up potential ...

REUTERS: The Federal Trade Commission is probing Facebook Inc to check if the social media company's acquisitions were aimed at snapping up potential rivals before they could become a threat, reported the Wall Street Journal, citing people familiar with the matter.

The company's acquisition practices are the main focus of the FTC probe, the report https://www.wsj.com/articles/ftc-antitrust-probe-of-facebook-scrutinizes-its-acquisitions-11564683965?mod=searchresults&page=1&pos=1 on Thursday said.Source: Reuters

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines