(Reuters) – The Federal Trade Commission (FTC) has begun an investigation into SoftBank-backed mental-health startup Cerebral Inc, the Wall Street Journal reported on Tuesday, citing a letter the anti-trust body sent to the company.
In a letter dated June 1, FTC said it was investigating whether the company engaged in deceptive or unfair practices related to advertising or marketing of mental-health services, the report https://www.wsj.com/articles/ftc-launches-probe-of-cerebrals-business-practices-11655241983?mod=latest_headlines said.
(Reporting by Leroy Leo in Bengaluru; Editing by Shinjini Ganguli)