• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

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

September 15, 2021 by David Barret Leave a Comment

September 15, 2021

WASHINGTON (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 app Instagram and messaging app WhatsApp although both were reviewed by the agency.

The five commissioners are also expected to vote to scrap guidelines put in place during the Trump administration regarding vertical deals, which combine a company with one of its suppliers. The new guidelines are expected to be tougher.

The FTC rarely seeks to stop vertical deals but did so recently when it asked a judge to stop biotech company Illumina’s deal to buy Grail , a former subsidiary. The companies seek to market a blood test to diagnose dozens of types of cancer.

(Reporting by Diane Bartz; Editing by Aurora Ellis)

Source Link FTC staff to present findings on Big Tech’s smaller acquisitions

David Barret
David Barret

Related posts:

  1. U.S. to give Ukraine more than $45 million in additional humanitarian aid -Blinken
  2. Motor racing-Hamilton happy if ‘incredibly talented’ Russell joins Mercedes
  3. This WhatsApp security flaw could have let hackers access all your chats
  4. U.S. Treasury allows personal remittances to flow to Afghanistan

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • Extinct In the Wild, An Incredibly Rare Spix’s Macaw Chick Hatches In New Hope For Species
  • HUNTR/X Or Giant Squid? Following Alien Claims, We Asked Scientists What They Would Like Interstellar Object 3I/ATLAS To Be
  • Flat-Earthers Proved Wrong Using A Security Camera And A Garage
  • Earth Breaches Its First Climate Tipping Point: We’re Moving Into A World Without Coral Reefs
  • Cheese Caves, A Proposal, And Chance: How Scientists Ended Up Watching Fungi Evolve In Real Time
  • Lab-Grown 3D Embryo Models Make Their Own Blood In Regenerative Medicine Breakthrough
  • Humans’ Hidden “Sixth Sense” To Be Mapped Following $14.2 Million Prize – What Is Interoception?
  • Purple Earth Hypothesis: Our Planet Was Not Blue And Green Over 2.4 Billion Years Ago
  • Hippos Hung Around In Europe 80,000 Years Later Than We Thought
  • Officially Gone: Slender-Billed Curlew, Once-Widespread Migratory Bird, Declared Extinct By IUCN
  • Watch: Rare Footage Captures Freaky Faceless Cusk Eels Lurking On The Deep-Sea Floor
  • Watch This Funky Sea Pig Dancing Its Way Through The Deep Sea, Over 2,300 Meters Below The Surface
  • NASA Lets YouTuber Steve Mould Test His “Weird Chain Theory” In Space
  • The Oldest Stalagmite Ever Dated Was Found In Oklahoma Rocks, Dating Back 289 Million Years
  • 2024’s Great American Eclipse Made Some Birds Behave In Surprising Ways, But Not All Were Fooled
  • “Carter Catastrophe”: The Math Equation That Predicts The End Of Humanity
  • Why Is There No Nobel Prize For Mathematics?
  • These Are The Only Animals Known To Incubate Eggs In Their Stomachs And Give “Birth” Out Their Mouths
  • Constipated? This One Fruit Could Help, Says First-Ever Evidence-Led Diet Guidance
  • NGC 2775: This Galaxy Breaks The Rules Of “Galactic Evolution” And Baffles Astronomers
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version