The FTC is to reveal their findings today on acquisitions made by Big Tech, including smaller deals that usually don't prompt Antitrust Review
It's being reported this morning that staff of the Federal Trade Commission will present their findings later today on business deals that tech platforms like Facebook, Google, Apple and Amazon have made hat were sometimes thought to be too small to prompt antitrust review.
Reuters is reporting that "The agency, which began holding open meetings after progressive Lina Khan became chair in June, will hear about Big Tech acquisitions done between 2010 and 2019. In addition to Facebook and Google, the agency also gathered data from Amazon.com, Apple and Microsoft.
The FTC has already sued Facebook for allegedly breaking antitrust law and has asked a judge to undo Facebook's deals for photosharing app Instagram and messaging app WhatsApp although both were reviewed by the agency.
The new guidelines are expected to be tougher than those put in place by the Trump administration regarding vertical deals."
Apple's Top Six Big Dollar Acquisitions
Below is a list of the largest six acquisitions that Apple has made dollar-wise since 2017 that could be under scrutiny. In general, Apple acquires many smaller companies that are usually not made public.