FTC probes Facebook's acquisition practices - WSJ

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

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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.

FILE PHOTO: Federal Trade Commission seal is seen at a news conference to announce that Facebook Inc has agreed to a settlement of allegations it mishandled user privacy at FTC Headquarters in Washington, U.S., July 24, 2019. REUTERS/Yuri Gripas

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