CNBC February 11, 2020
Key Points
– The Federal Trade Commission announced Tuesday it will examine prior acquisitions by Alphabet, Amazon, Apple, Facebook and Microsoft.
– The commission voted 5-0 to issue special orders to review the past mergers.
– The special orders suggest that the FTC is honing in on the question of how Big Tech companies use acquisitions to amass power and how the data from acquired companies are used.
The Federal Trade Commission announced Tuesday it will examine prior acquisitions by Alphabet, Amazon, Apple, Facebook and Microsoft. The commission voted 5-0 to issue special orders to review the past mergers.
The FTC will require the companies to provide information on acquisitions not previously reported to the antitrust agencies under the Hart-Scott-Rodino...