Tech Firms Face Pressure to Report ‘Killer Acquisitions’ to EU
- Advisers to EU publish reports about internet platforms
- Studies to feed into broader platform policies due by year-end
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Large internet platforms should report acquisitions to the European Union, including tiny deals that normally escape merger reviews, a group of advisers said.
In one of three reports published Friday, a group of experts advising the EU said officials should consider new obligations for platforms to better monitor “killer acquisitions” designed to preempt future competition.