CRE Files FTC Petition Regarding Facebook, Twitter, Google
Regulatory watchdog the Center for Regulatory Effectiveness is picking up the scent of Facebook, Twitter, and Google, filing a petition with the Federal Trade Commission urging the agency to impose trade regulations on the three Internet giants.
Regulatory watchdog the Center for Regulatory Effectiveness is picking up the scent of Facebook, Twitter, and Google, filing a petition with the Federal Trade Commission urging the agency to impose trade regulations on the three Internet giants.
The CRE pointed out that the FTC is already investigating Google and Twitter, and that Facebook is the subject of a petition asking that the commission investigate the social network.
The watchdog group added that Web companies such as Facebook, Twitter, and Google must operate in two-sided markets and deal with two distinct groups of clients.
From the CRE petition:
Google, Facebook, and Twitter have much in common.
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