Facebook tumbles on antitrust concerns

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Facebook tumbles on antitrust concerns
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The FTC and DOJ are said to split up antitrust probes into big tech companies.

has become a rallying cry for some, including Democratic presidential candidate Sen. Elizabeth Warren of Massachusetts.

But a new reported agreement between the Federal Trade Commission and the Department of Justice brings that threat a bit closer to reality. The FTC will take the lead on oversight of Amazon, while the DOJ will have greater jurisdiction over Google, according to the Post. The FTC previously closed an investigation of Google without taking action, but now the DOJ will take another look into Google's practices in search and other areas, according to the Journal.

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