In another sign that the U.S. Federal Trade Commission is seeking to beef up antitrust enforcement, the agency has released a study of Big Tech mergers that fly “under the radar” of reporting requirements.
The FTC has been studying Alphabet, Amazon, Apple, Facebook, and Microsoft since February 2020. On Wednesday, it announced that the review found the companies made 616 nonreportable transactions of more than $1 million between the beginning of 2010 and end of 2019. READ MORE