FTC demands data about acquisitions from Google, Amazon.com, Apple, Facebook and Microsoft
Posted on AllSides February 11th, 2020
From The Center
WASHINGTON (Reuters) - The Federal Trade Commission has issued special orders to five big tech companies — Alphabet’s Google (GOOGL.O), Amazon.com (AMZN.O), Apple (AAPL.O), Facebook (FB.O) and Microsoft (MSFT.O) — to provide information about mergers that were too small to report to antitrust agencies, the agency said on Tuesday.
The orders were issued as part of a study that the agency is doing into whether the companies buy up nascent or potential competitors, the agency said in a statement.
