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Corporate

Sep. 11, 2012

Federal regulators use Facebook to learn facts

The U.S. Federal Trade Commission's investigation into the sale of Instagram Inc. to Facebook Inc. appears to signal federal regulators' willingness to scrutinize big-money transactions involving social media companies.


By Kevin Lee


Daily Journal Staff Writer


Menlo Park-based social networking company Facebook Inc. has finalized its acquisition of mobile photo application company Instagram Inc. in what appeared to be the first social media deal scrutinized for its anti-competitive implications by the U.S. Federal Trade Commission.


That scrutiny seemed to signal the regulator's interest in acquainting itself with the relatively new social media industry. T...

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