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