Google and Amazon Shares Slide as Antitrust Concerns Mount


A sharp decline in shares of Google and Amazon punctuated an otherwise quiet day on Wall Street.

Google dropped as much as 6 percent in early trading on Monday, and Amazon fell about three and half percent, following reports that the tech giants are facing greater scrutiny from antitrust regulators in the Justice Department and Federal Trade Commission.

The Justice Department is exploring an investigation of Google’s advertising and search business. In Amazon’s case, the F.T.C. is looking into whether the company’s e-commerce platform edges out new competition.



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