Alphabet tumbles 6% on fears of antitrust probe
The news that the US justice department is preparing to investigate the tech giant sent shares of Facebook and Amazon.com down too
03 June 2019 - 19:42
New York — Google parent Alphabet tumbled to its lowest price in five months on Monday as the US justice department (DOJ) is said to be preparing an antitrust probe into the internet giant.
The efforts, disclosed by a person familiar with the matter on Friday, mark the Trump administration’s first concrete step to scrutinise the potentially anti-competitive conduct of a large technology firm...
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