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Big Tech is not shaking over fear of antitrust as companies plow ahead with billion-dollar deals

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What antitrust threat? Big Tech companies continues to pursue and scoop up mega-deals despite efforts of the Biden Administration to choke off multi-billion dollar acquisitions.

Big Tech companies continues to pursue and scoop up mega-deals despite efforts of the Biden Administration to choke off multi-billion dollar acquisitions.

To underscore the attitude of tech’s largest companies, Google Cloud CISO Phil Venables told the Financial Times that the acquisition, Google’s second-largest ever, “significantly increases competition in the market.” The mad dash of acquisitions follows a pattern of Big Tech rushing through deals before federal regulators and lawmakers approve far-reaching antitrust legislation, says Ed Mills, a Washington, D.C., analyst for Raymond James.

 

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