Exclusive: Startup Workers Find Founders Cashed Out When They Couldn’tRead More

Please log in or subscribe to read the full article.
FTC Chairman Joseph Simons. Photo by Bloomberg
News Analysis

Five Takeaways From the FTC’s New Antitrust Probe

Photo: FTC Chairman Joseph Simons. Photo by Bloomberg

Much of the antitrust scrutiny on big tech companies has focused on whether their biggest acquisitions violated competition laws. Now the Federal Trade Commission, in a sweeping review of five iconic players in the industry, is looking at whether their smaller deals might have hurt competition, too. 

On Tuesday, the FTC said it has ordered the five companies—including Apple, Facebook, Amazon, Microsoft and Alphabet, the parent company of Google—to provide details and documents about the acquisitions they completed between the beginning of 2010 and the end of 2019. The agency is looking strictly at deals that the companies didn’t previously report to antitrust regulators under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, a federal law that requires companies to file details about proposed mergers that meet certain requirements. 

Here are five takeaways from the FTC’s announcement:

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
Creator Economy Venture Capital Startups
Pearpop, a Startup That Enables Creator ‘Collabs,’ Inked Financing Before Downturn
Art: Mike Sullivan
Pearpop, a nearly two-year-old startup whose technology facilitates collaborations between influencers, raised an undisclosed amount of funding in March through a simple agreement for future equity, or SAFE, a person familiar with the company told The Information. Investors in the March round included music management company Red Light Management and venture firm Peak State Ventures, the person...
Latest Briefs
 
Oracle Now Monitoring TikTok for Signs of Chinese Government Meddling
Elon Musk is Not Buying Manchester United
Tencent’s Revenue Falls as China’s Economic Slowdown Takes Toll
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Art by Josh Brill
Exclusive Asia Startups
TikTok’s $4 Billion Advertising Machine Is Messy Behind the Scenes
Two years ago, social media sensation TikTok came up with a slogan to prod brands to be more authentic in their advertisements on the app: “Don’t Make Ads.
Viral Patel, global head of technology investing for Blackstone Credit. Art by Clark Miller.
Exclusive Venture Capital Startups
Blackstone Plans to Back Tech Startups in $2 Billion–Plus Lending Push
Private equity giant Blackstone is gearing up to make its first major push into lending to startups and technology companies—joining a corner of the debt market that’s quickly heating up.
Illustration by Clark Miller
Man v. Machine AI
Can Creatives Survive the Future War Against Dall-e 2?
Earlier this year, Karen X. Cheng, a video director in San Francisco, was commissioned by a client to make an augmented reality dress for special events.
Art by Clark Miller
Bought and Sold Media/Telecom
Meet Axios’ New Owners: Old-Money Atlanta Billionaires Hungry for the Next Big Thing
The pitch Sebastian Thrun made to investors in 2014 was an alluring one. Thrun—former head of Google X, the company’s top-secret skunkworks—had already raised over $20 million for his buzzy online-education startup, Udacity.
Art by Clark Miller
The Big Read
‘It’s Just Bad News All the Time’: With the Tech Economy Buckling, Silicon Valley Therapists Are in High Demand
Over the last couple of months, David Mahabali has become highly skilled at lugging pillows, floor pads and blankets around the San Francisco Bay Area.
Art by Clark Miller.
Exclusive Asia Startups
How Instagram’s TikTok Envy Finally Backfired
Last month, Kim Kardashian, Kylie Jenner and other influencers stirred up a public relations firestorm for Instagram, complaining to their hundreds of millions of followers about the app's recent attempts to mimic TikTok.