The Federal Trade Commission has issued special orders to five big tech companies - Alphabet's Google , Amazon.com , Apple , Facebook and ...
WASHINGTON: The Federal Trade Commission has issued special orders to five big tech companies: Alphabet Inc's Google unit, Amazon.com Inc, Apple Inc, Facebook Inc and Microsoft Corp: to provide information on mergers that were too small to report to antitrust regulators, the FTC said on Tuesday.
Google, Amazon.com, Apple, Facebook and Microsoft did not immediately respond to requests for comment.The orders require each company to identify transactions that were too small to report to the FTC and Justice Department, which assess mergers to ensure that they comply with antitrust law.
Senator Elizabeth Warren, who is running for president, has explicitly called for federal regulators to undo"ant-competitive mergers," including Amazon's purchases of Whole Foods and Zappos, Facebook's purchase of WhatsApp and Instagram and Google's acquisitions of Waze, Nest and DoubleClick.
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