US antitrust regulators have divided oversight of Amazon and Alphabet’s Google, putting Amazon under the watch of the Federal Trade Commission and Google under the Justice Department, the Washington Post said on Saturday.
Amazon could face heightened antitrust scrutiny under a new agreement between U.S. regulators which puts the e-commerce giant under the watch of the trade commission, the newspaper reported, citing people familiar with the matter.
The development is the result of the FTC and Justice department quietly dividing up competition oversight on both of the American tech giants, Amazon and Google, the newspaper said adding that the FTC’s plans for Amazon and the Justice Department’s interest in Google were not immediately clear.
The FTC’s plans for Amazon and the Justice Department’s interest in Google are not immediately clear. But the kind of arrangement brokered between the Justice Department and the FTC typically presages more serious antitrust scrutiny, the likes of which many Democrats and Republicans on Capitol Hill have sought out of fear that tech companies have become too big and powerful.
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