Alphabet Gets Justice Department Civil Investigative Demand on Antitrust Probes -- Update
September 06 2019 - 5:51PM
Dow Jones News
By Josh Beckerman
Google parent Alphabet Inc. (GOOG, GOOGL) said Friday that on
Aug. 30 it received a civil investigative demand from the U.S.
Justice Department seeking information on its prior antitrust
investigations in the U.S. and elsewhere.
The company said "we expect to receive in the future similar
investigative demands from state attorneys general. We continue to
cooperate with the DOJ, federal and state regulators in the United
States, and other regulators around the world."
Earlier Friday, The Wall Street Journal reported that state
attorneys general are formally launching separate antitrust probes
into Facebook Inc. (FB) and Google. The Google probe is expected to
be announced Monday, the Journal reported.
In a Friday securities filing, Alphabet noted its previous
disclosure in its quarterly filing that "the online technology
industry and our company have received increased regulatory
scrutiny in recent months," and that the DOJ said it would begin an
antitrust review of market-leading online platforms.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
September 06, 2019 17:36 ET (21:36 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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