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FAANG is an acronym referring to the stocks of the five most popular and best-performing American technology companies: Facebook, Amazon, Apple, Netflix and Alphabet (formerly known as Google).
The FANG stocks and Apple stock sold off sharply on Monday amid reports of U.S. antitrust investigations. On Tuesday, they started to recover. ... The Department of Justice will look into the business practices of Apple and Google, while the Federal Trade Commission will investigate Amazon and Facebook.
In addition to being widely known among consumers, the five FAANG stocks are among the largest companies in the world, with a combined market capitalization of over $4.1 trillion as of January 2020. For example, over the past decade Amazon has come to dominate online retailing by offering a massive selection of low-priced products delivered quickly.
Problem 1: What is different between FANGs and Antitrust?
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