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Report: US Regulators Divide Up Scrutiny of Google, Amazon


FILE - The logo for Amazon is displayed on a screen at the Nasdaq MarketSite, July 27, 2018.
FILE - The logo for Amazon is displayed on a screen at the Nasdaq MarketSite, July 27, 2018.

U.S. antitrust regulators have divided oversight of Amazon.com and Alphabet's Google, putting Amazon under the watch of the Federal Trade Commission and Google under the Justice Department, the Washington Post said Saturday.

Amazon could face heightened antitrust scrutiny under a new agreement between U.S. regulators that 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 news comes after Reuters and other media reported Friday that the Justice Department is preparing an investigation into Google in order to ascertain whether the company broke antitrust law in operating its online businesses.

Google said it had no comment on the report, while Amazon, the FTC and Justice Department did not immediately respond to requests for comment on the report.

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    Reuters

    Reuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe.

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