FTC, Justice Department release new merger guidelines with tech in mind

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

The Federal Trade Commission and Justice Department on Wednesday released new merger guidelines that could make it tougher for Amazon.com Inc. and Alphabet...

The Federal Trade Commission and Justice Department on Wednesday released new merger guidelines that could make it tougher for Amazon.com Inc. AMZN and Alphabet Inc.’s GOOGL GOOG Google to land big deals. The 51-page document vaguely referred to Amazon’s acquisition of Ring in 2018 as a deal that would require more scrutiny from antitrust agencies. The Biden administration has adopted a more stringent stance on mergers, though it lost two court decisions last week over Microsoft Corp.

... The Federal Trade Commission and Justice Department on Wednesday released new merger guidelines that could make it tougher for Amazon.com Inc. AMZN and Alphabet Inc.’s GOOGL GOOG Google to land big deals. The 51-page document vaguely referred to Amazon’s acquisition of Ring in 2018 as a deal that would require more scrutiny from antitrust agencies. The Biden administration has adopted a more stringent stance on mergers, though it lost two court decisions last week over Microsoft Corp.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines