General World News

The FTC’s focus on ‘small’ acquisitions by tech companies is the first shot in a big new battle (GOOG, AAPL, MSFT, AMZN, FB)

Joe Simons

  • The Federal Trade Commission’s move to probe past acquisitions by the big tech firms is one more regulatory worry for those companies.
  • The agency plans to study the “hundreds” of deals the companies have made over the last 10 years that the companies hadn’t previously had to report to it.
  • There’s growing concern inside and outside the agency that the companies have used such deals to quash nascent competitors.
  • As a result of the study, the FTC could force the companies to unwind some of their past purchases or submit prospective ones for its review, legal experts said.
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    Source:: BusinessInsider.Com