FTC's study into tech mergers follows rising antitrust concerns - Business Insider

"There's a huge question here of the shadow that the big-tech firms cast across Silicon Valley or across the startup world," Melamed said.hit Alphabet with three fines of more than a billion dollars each

"Similar patterns of 'stealth consolidation' have been observed in pharmaceutical and hospital markets," commissioners Christine Wilson and Rohit Chopra said in their statement. "We urge the Commission to consider similar ... studies across other industries to ensure that we have a more complete understanding about the competitive effects of non-reportable mergers writ large.

It's too early to know what the study will find or how the agency or other policymakers will respond to it. But one potential outcome could be that the FTC forces the big tech firms to undo some of their previous small-scale mergers. Simons himself suggested on the call that the agency could head in that direction as part of its inquiry.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FTC looking at past acquisitions by Amazon, Facebook, Google, others - Business InsiderThe FTC is looking into past acquisitions by Amazon, Apple, Facebook, Microsoft, and Google-parent Alphabet as it ramps up antitrust inquiries nothing will come up it, and in the end, after all the appeals by the business, only a low-level nobody will be accused. All of them should pay me. My e-commerce was not for free. Do not get comfy with that, unless you pay. With social network too Got rich because of some spying. Should pay for that.
Source: BusinessInsider - 🏆 729. / 51 Read more »