Facebook on Wednesday 24th July confirmed that the Federal Trade Commission has opened an antitrust investigation into the social media giant. While reporting its second quarter financial results, Facebook said the Federal Trade Commission informed it of the investigation in June. The Federal Trade Commission is now officially investigating Facebook for potential violations of US […]
Tag: antitrust investigation
EU opens Amazon antitrust investigation
The EU’s Competition Commission has opened a formal antitrust investigation into Amazon to investigate whether the company is using sales data to gain an unfair advantage over smaller sellers on the Marketplace platform. The Commission says it will look into Amazon’s agreements with marketplace sellers, as well as how Amazon uses data to choose which […]