- The Federal Trade Commission will disclose their conclusions on the tech platforms' business deals that were sometimes too small to prompt antitrust review, Reuters reports.
- The FTC will hear about Big Tech acquisitions done between 2010 and 2019.
- The tech companies involved include Facebook Inc FB, Alphabet Inc GOOG GOOGL, Amazon.com Inc AMZN, Apple Inc AAPL, and Microsoft Corp MSFT.
- The FTC has already prosecuted Facebook for allegedly breaking antitrust law and sought to undo its deals for photo sharing app Instagram and messaging app WhatsApp.
- The FTC could impose stricter guidelines by scrapping vertical deals, which combine a company with one of its suppliers.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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