US REGULATORS PROBING 5 TECH COMPANIES’ ACQUISITIONS TO 2010
Feb 15, 2020
2 minutes
Federal regulators are ramping up their investigation of the market dominance of giant tech companies, demanding detailed information on five companies’ acquisitions of smaller firms back to 2010.
The Federal Trade Commission announced the move this week, issuing orders to Facebook, Amazon, Apple, Microsoft and Google’s parent Alphabet Inc. Hundreds of takeovers of smaller companies are involved.
FTC Chairman Joseph Simons said that as a result of
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