Tech Report: FTC investigates Instacart pricing as shares slide
Shares of grocery delivery service Instacart fell about seven percent in extended trading Wednesday.
(LILAMAX)- Shares of grocery delivery service Instacart fell about seven percent in extended trading Wednesday after a report said the U.S. Federal Trade Commission has opened an investigation into the company’s pricing practices. Reuters reports the FTC has sent Instacart a civil investigative demand as part of the probe. The move comes after a recent study found prices for identical…