• 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Your email address will not be published.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

  • Watch Live Today As Private Resilience Spacecraft Lands In “Cold Sea” Region Of The Moon
  • Myth Vs. Medicine: The Truth About Nature’s Healing Power
  • Dead Sea Scrolls May Have Been Written By Original Authors Of The Bible
  • The World’s Oldest-Ever Cat Lived On A Delicious-Sounding Diet – Including Wine
  • Next Megatsunami May Sink Parts Of The Pacific Northwest Coast By Up To 2 Meters
  • Magnetic Curtains As Wide As A City Seen On The Sun In Unexpected Findings
  • The Colorado River Basin Has Lost Enough Groundwater Alone To Fill Lake Mead
  • Ping-Pong Sponges, Dragonfish, And Snailfish Eggs Delight Scientists Exploring The Planet’s Most Remote Trenches
  • Morenci Mine, The Largest Copper Mine In US, Is A Sight To Behold
  • The Standard Model Saved Once More Thanks To The Most Precise Muon Measurement
  • New Study Rules Out Popular Version Of The Simulation Hypothesis
  • What Is Trump’s “Gold Standard Science” Actually About?
  • Suspect Accused Of Fowl Play In Scrubbed Australian Rocket Launch Is Innocent
  • Two Yangtze Finless Porpoises Have Been Returned To The Wild For First Time In China
  • Sun Filtered By Dust In Florida As Haboob The Size Of 48 States Approaches The US
  • What Is The Alaska Triangle?
  • “Egyptian Blue” Was A Color Lost To History. Finally, We Can Make It Again
  • Satellite Image Shows A Human Head Peering Out Of The Landscape In Canada
  • Video Shows Physicists Achieve “Impossible” Feat Of Rolling A Ball Vertically
  • Octopus Survives Suspected Predator Attack And Regrows Limbs – But Ends Up With 9, Not 8
  • 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