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Justice Department Preparing Antitrust Investigation Of Google, WSJ Reports

Date: Saturday, June 1, 2019 4:18 PM EDT

The Department of Justice is preparing an antitrust investigation of Alphabet's (GOOG, GOOGL) Google, Wall Street Journal reports, citing sources. The instigation is expected to probe Google's practices related to search and other businesses, people familiar with the matter told the Journal. The Federal Trade Commission investigated Google several years ago, and will defer to the Justice Department this time, according to the paper's sources. Shares of Google closed the trading day on Friday down $14.91 to $1,106.50.

Read more at WSJ.

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