TheStreet

Shares of Google parent Alphabet (GOOGL - Get Report) edged down in premarket trading Monday as federal antitrust regulators kick off a review of Google's proposed $2.6 billion deal for Looker Data Sciences.

Alphabet's stock price fell 0.28% in premarket trading to $1,211.99 as the U.S. Justice Department's antitrust division begins an intensive examination of whether the deal will hurt competition in the field, Bloomberg reported, citing sources familiar with the situation.

Looker is a business analytics firm based in Santa Cruz, Calif. It controls 4% of the cloud computing infrastructure sector, the news service reported, citing Gartner data, putting it behind Amazon.com  (AMZN - Get Report) and Microsoft (MSFT - Get Report)  .

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