WASHINGTON, Sept 15 (Reuters) - Staff of the Federal Trade Commission will present their f...

FTC staff to present findings on Big Tech’s smaller acquisitions – Yahoo Finance

WASHINGTON, Sept 15 (Reuters) - Staff of the Federal Trade Commission will present their findings on Wednesday on business deals that tech platforms like Facebook and Alphabet's Google did that were sometimes too small to prompt antitrust review.The agency, which began holding open meetings after progressive Lina Khan became chair in June, will hear about Big Tech acquisitions done between 2010 and 2019. In addition to Facebook and Google, the agency also gathered data from Amazon.com, Apple and Microsoft.The FTC has already sued Facebook for allegedly breaking antitrust law and has asked a judge to undo Facebook's deals for photosharing …

 

Read the full article here


-- END RSP MOD -->