FTC asks big tech firms for information about past acquisitions

FTC asks big tech firms for information about past acquisitions

The Federal Trade Commission said on Tuesday that it had ordered Amazon, Apple, Facebook, Alphabet, Google’s parent company, and Microsoft to turn over information about hundreds of smaller acquisitions over the past decade. The FTC is broadening its review of possible antitrust violations. FTC Chairman Joe Simon stated that the findings may lead to enforcement actions, including divestment.

Skeptic
Skeptic
TehChuckles
TehChuckles 2 months

fuck yes, FINALLY. please Yeet the internet Monarchies.

L C
L C 2 months

FTC approved the mergers, are they going to hold themselves accountable too?

Michael Tatom
Michael Tatom 2 months

Capitalism yes but monopolies no.

Tsila Noitan (Backer)
Tsila Noitan (Backer) 2 months

outlaw ALL acquisitions and mergers between healthy companies. they are the greatest enemy to true capitalism and innovation.

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