FTC Investigates Facebook-Instagram Deal
Facebook’s purchase of Instagram made headlines due to Instagram’s $1 billion price tag. Well the deal is not yet complete and the FTC has launched an investigation into the acquisition, seeking information from Google Inc. and Twitter. While the details are still unclear, it could be the FTC just following protocol, as they usually launch investigations of significant deals. There is no doubt this deal is significant.
Do you think the investigation is just routine?