Amazon.com Inc shares fell 4.6% and Apple Inc dipped 1%.The Justice Department and FTC generally do not discuss investigations.U.S. President Donald Trump has called for closer scrutiny of social media companies and Google, accusing them of suppressing conservative voices online, without presenting any evidence.He has repeatedly criticized Amazon for taking advantage of the U.S. "It’s got so much power, and so unregulated," he said. The company declined comment on Monday.The Washington Post reported on Saturday that Amazon would come under the remit of the FTC in any probe. U.S. antitrust probes more often result in an agreement to change certain business practices.- Reuters

Source: The Star June 03, 2019 22:41 UTC