Deals
Google, Apple Among Tech Firms Facing Probe of Small Deals
- FTC issues orders to companies for information on transactions
- Inquiry covers hundreds of startup deals from past decade
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U.S. technology giants face a new wave of scrutiny from antitrust officials, as the Federal Trade Commission demands information about their acquisitions of startups that may have eliminated emerging competitors.
The FTC issued orders to Alphabet Inc.’s Google, Apple Inc., Facebook Inc., Amazon.com Inc. and Microsoft Corp. for information on the terms and purposes of transactions they closed from the beginning of 2010 through 2019, the agency said Tuesday.